Year End Tax Review 2021
We recommend you undertake an annual review of your financial affairs to check that you are not paying more tax than you need to and whether the structures you set up in the past are still appropriate. Between now and the end of the tax year (5 April 2021) is a good time to assess whether you have claimed all the relevant allowances and are as well defended against high tax charges as you can be.
Of course, the personal circumstances of each individual must be taken into account in deciding whether any particular plan is suitable or advantageous – but our downloadable Review may give you some insights and ideas. We are happy to discuss them with you in more detail.
Some of the articles featured in our Review include:
Working at Home Allowance
Max Out your State Pension
Give and Save
Reporting CGT on residential sales
Rent-a-Room Tax Relief
Innovate to Accumulate
Prepare for Off-Payroll Working
Timing your business expenditure
Benefits-in-Kind
Capital Gains Tax Planning
Late Filing Penalties
Investor Tax Relief schemes
End of Stamp Duty holiday
Construction Industry VAT changes
VAT on goods crossing borders