Last minute planning?

As the end of the tax year approaches, the window for last minute tax planning is closing fast!

You should be considering:

1.       Paying dividends prior to 5 April 2016 to avoid the new tax charge from 6 April 2016.

2.       Utilising allowances such as your capital gains tax allowance and inheritance tax annual exemptions.

3.       Using pension allowances.

4.       Using ISA allowances.

For companies, this may be last opportunity to look to maximise annual investment allowances and claiming research and development tax reliefs.

Our end of the year tax guide can be found at:

As ever our tax team would be delighted to speak to you and can be contacted on:

Darlington – 01325 349700
Durham – 0191 3842244
York – 01904 784400