Tax Year-end Planning
The tax year ends on 5th April.
I favour a strategy of continuous planning. I do not just start when it comes to the end of the tax year. I start when I know what the tax rates and bands are going to be and what my clients’ circumstances are. What I do around now, is go back over and check that everything has been done and is in order.
If you do not do tax planning for a job and you are only now thinking about it, there is much for you to do over the next month. The sooner you start, the more you will be able to get done.
Over the next month, I will offer a few pointers as to what you should be thinking about, although I might take a break if anything interesting should happen on the 18th March.