Tax Tips

18/03/2013

As we approach the end of another tax year, it is worth taking time to consider the pension and investment planning opportunities that are still available to save you money. For example:

  • utilise ‘carry forward’ of previous unused pension contributions
  • reduce taxable income for higher (40%) and additional (50%) rate taxpayers by pension contributions
  • 60% tax relief available for those with a reduced personal tax allowance
  • Lessen the impact of child benefit tax rules by reducing taxable income
  • benefit from pension fixed protection for large funds
  • use Capital Gains Tax allowances to reduce or mitigate tax
  • ‘Use it or lose it’ ISA allowances to shield investment returns from tax  

If you would like more information on end of year tax planning opportunities centred on your personal circumstances, please contact us >>

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