Tax is never a one-size-fits-all approach: each
taxpayer and each year will be different. And
with the current tax year-end approaching, this
is a perfect time to carry out a tax health check
and implement any planning opportunities
before the end of the 2019/20 tax year.
There are a number of valuable allowances
and reliefs that will be lost if they are not
used before the deadline. These opportunities
include, but are not limited to, these four
important areas of tax planning that
should be considered. We’ve summarised
these allowances below and suggest that, if
appropriate to your particular situation, these
areas should be reviewed before 5 April 2020.
We’ve provided our top end-of-year tax tips
to help you save time and money on your taxes.