21 January 2020
Year End Tax Planning
As the tax year end approaches why not take a few minutes to check out our Year End Tax Planning Guide. It may help you find out how you could minimise your tax bill. Depending on your circumstances you may have several options. Our Year End Tax Planning guide highlights the most common areas where you may be able to make tax savings. These include Personal Tax Thresholds. What can you do to help minimise your personal tax liability? What happens if your income exceeds £100,000?
Another area to look at is the use of dividends for limited companies. Do you already take a dividend? Do you know the tax rates on dividends? Pension contributions and giving to charity are further ways to reduce your tax liability. The guide also talks you through capital gains tax (CGT), Private Residence relief and Investments. You can find a copy of our Year End Tax Planning Guide 2019/20 by clicking to view here.
Haines Watts East Anglia
If you have any queries regarding year end tax planning or would like to discuss your concerns regarding your tax please give us a call on 01379 640555. We offer a free initial meeting to discuss your requirements and to introduce you to Haines Watts and the services we can offer.
