QUESTION: With the tax year end fast approaching, is there any last minute tax planning that I should be considering? ANSWER: With just 10 days to go to the end of the UK income tax year on April 5 there is still time to undertake income and capital gains tax (CGT) planning to avail of any reliefs still unused.
DID you know that April 6th is the official first day of spring for financial advisers? It’s the start of the new tax year! An uplifting time of renewal, rebirth, and new tax allowances, a time when, in the mists of early dawn, we advisers hold our electronic calculators towards the rising sun and chant: “Review, review.