Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Pre-5 April personal tax planning

08 March 2017 / Lynne Rowland
Issue: 4590 / Categories: Comment & Analysis
istock-471832861_fmt

Timely reminders

KEY POINTS

  • Remember to use the capital gains annual exemption.
  • Consider transferring income between spouses so that each can use the dividend and savings allowances.
  • Review clients’ pension arrangements to ensure they are within the limits and use the maximum allowances.
  • Have the necessary claims and elections been made on enterprise investment schemes and venture capital trusts?
  • Check whether clients are affected by the new rules on deemed domicile.

As the dust settles on the end of the 2015-16 self-assessment tax return season thoughts focus on action points for the current tax year and forthcoming changes that will affect individual taxpayers.

 

Capital gains tax

The capital gains annual exemption of £11 100 is a use-it-or-lose-it allowance. So now is the opportunity to review capital gains and...

If you or your firm subscribes to Taxation.co.uk, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.

back to top icon