Do you want to keep more of your money to enjoy, invest, save or pass on – easy right? Tax planning never requires a one-size-fits-all approach. Each taxpayer and each year will be different. And with the end of the current 2020/21 tax year approaching on Monday 5 April 2021, now is the time to carry out a tax health check and implement any planning opportunities.
We should all be thinking about tax planning throughout the course of a year, but this year we have been distracted by the impact of the coronavirus (COVID-19) pandemic on our lives.
We have listed below a few reminders of the issues you may want to consider as worthy of including in your 2020/21 tax planning to-do list.Continue reading “Guide to 2020/21 Year End Tax Planning”