Personal tax planning in 2021/22

Personal tax planning in 2021/22 If there’s one thing to take away from Spring Budget 2021, it’s taking charge of your personal finances is going to be increasingly important over the next five years. With the financial fallout from COVID-19 over the last year being the fiscal equivalent of fighting a war at more than[…]

Tax Deadline

Start planning for the New Year Personal Tax deadline

Personal tax returns need to be submitted to HMRC before 31st January. As of today, that leaves just 61 working days to get the return finalised. This year, there is an earlier deadline which may be relevant to you. HMRC have announced from 13 January 2018 (i.e. only 49 days away), they will no longer[…]

Your money: Year-end tax tips

There is only one month remaining of the 2014/15 tax year. Here is a summary of personal tax reliefs and allowances to use before the tax year-end. Income tax The personal allowance is £10,000 for 2014/15 and will rise to £10,600 in 2015/16. Make sure that your spouse or civil partner is taking advantage of[…]