Use it or lose it!
Don’t forget the tax year-end deadline is 5 April 2024
Here’s a reminder of the main tax planning opportunities:
PENSIONS - current Annual Allowance of £60,000 plus carry forward from the previous three years
INDIVIDUAL SAVINGS ACCOUNTS (ISAs) - maximum contribution of £20,000
JUNIOR INDIVIDUAL SAVINGS ACCOUNTS (JISAs) - maximum contribution of £9,000 per child
GIFTING FOR INHERITANCE TAX (IHT) PURPOSES - up to £3,000 a year
USING CAPITAL GAINS TAX (CGT) ALLOWANCES - £6,000 annual exemption per person
You can read or download our End of Tax Year Guide
Alternatively email info@lifefs.com, call 020 8236 8540, or fill out the form below
