Tax Planning Capital Gains Allowance

Tax Planning Use Your ISA Allowance

Tax Planning Spouses Pension

Published / Last Updated on 07/03/2014

End of Year Tax Planning Tips 2014 - If you are looking for more places to get tax relief consider making a pension contribution in your spouse or partners name. This applies if you have a joint bank account.This can be really helpful if you have used up your personal allowance and are looking for more tax relief.

Related Videos

Beware of HMRC Tax Refund Changes

Beware of HMRC Tax Refund Changes

HMRC suggests that when tax has been overpaid and you are due a refund, “you do not need to contact HMRC to make a claim”, it will be done ...

2m18d

Tax Year End

Ran Out of Time to Use ISA Allowance 050423?

Ran Out of Time to Use ISA Allowance 050423?

Many stocks and shares ISA and pension providers are starting to issue final submission dates for ISA applications and new pension schemes as we head towards tax year end ...

> 1y2m

Tax Year End

Tax & Savings Allowances Use Them or Lose Them Before April 2023

Tax & Savings Allowances Use Them or Lose Them Before April 2023

Make sure is use your income tax, capital gains tax, and savings allowances or you will lose most of them before April 2023. CAPITAL GAINS TAX (CGT) Use it or lose ...

> 1y3m

Tax Year End

Use Unused Carry Forward Pension Tax Relief Before April 2023

Use Unused Carry Forward Pension Tax Relief Before April 2023

Use it or Lose it: Carry Forward of Unused Pension Tax Relief Allowances for the last 3 years. If you don’t use up unused pension tax relief from tax ...

> 1y3m

Tax Year End

Make a Pension Contribution Before April 2023

Make a Pension Contribution Before April 2023

We repeat, tax relief has always been an incentive to save in pensions. The incentives are huge. Tax Relief depends upon the amount of income tax you pay. You can ...

> 1y3m

Tax Year End

Realise Profits and Capital Gains Before April 2023

Realise Profits and Capital Gains Before April 2023

There is currently a £12,300 per year, 0% rate tax band for capital gains. The government will reduce the nil rate Capital Gains Tax yearly allowance from £12,300 to ...

> 1y3m

Tax Year End

Consider Sharing Personal Allowance Before April 2023

Consider Sharing Personal Allowance Before April 2023

The personal allowance is currently £12,570 and has been frozen until 2028 so we need to plan to use up any of our unused allowances. This is the amount ...

> 1y3m

Tax Year End

£25k Pension Fund Costs £10k Before April 2023

£25k Pension Fund Costs £10k Before April 2023

Tax relief has always been an incentive to save in pensions. In addition, there is another huge reason for higher earners to pay into pension schemes before the end ...

> 1y3m

Tax Year End

Dividend Declaration Before April 2023

Dividend Declaration Before April 2023

There is currently a £2,000 a year, 0% tax band allowance for dividend income. This means you can receive dividends income of up to £2,000 pa with no tax ...

> 1y3m

Tax Year End

Check Your End of Tax Year P60

Check Your End of Tax Year P60

The new tax year started yesterday i.e., 06/04/2022 and therefore, if you are employed or a pensioner, your employer and/or pension income provider will shortly, if they have not ...

> 2y

Tax Year End

Making Tax Digital (MTD) Timeline

Making Tax Digital (MTD) Timeline

Phase 1: MTD payroll - Real Time Information (RTI) reporting started in April 2013. Employers with payroll for employees must every time they pay staff, electronically submit to HMRC ...

> 2y7m

Tax Year End

Tax Bill Due To Charitable Gift Aid

Tax Bill Due To Charitable Gift Aid

Gift Aid is where you make a charitable donation and if the registered charity is also registered for Gift Aid then, provided the person making the gift confirms that ...

> 3y3m

Tax Year End

High Income Child Benefit Charge HICBC

High Income Child Benefit Charge HICBC

The High Income Child Benefit Charge HICBC started in 2013. If you or your partner earn more than £60,000 pa and one of you claims Child Benefit, then the higher ...

> 3y

Tax Year End

3 Week Warning to Self Assessment Deadline

3 Week Warning to Self Assessment Deadline

This weekend will leave you just 3 weeks to go for the 31st January 2021 deadline for self assessment. HMRC has confirmed it has no plans to waive late filing ...

> 3y3m

Tax Year End

2021 Early Tax Year End Planning Capital Gains Tax

2021 Early Tax Year End Planning Capital Gains Tax

Use it or lose it: We each have a £12,300 annual capital gains tax allowance. If you have made profits on investments that will likely get caught by CGT ...

> 3y4m

Tax Year End

2021 Early Tax Year End Planning Income Tax

2021 Early Tax Year End Planning Income Tax

Child Benefit: If you earn more than £50,000 pa, you start to have child benefit reduced. If you earn more than £60,000 your child benefit is reduced to zero. ...

> 3y4m

Tax Year End

2021 Early Tax Year End Planning Inheritance Tax

2021 Early Tax Year End Planning Inheritance Tax

Make sure you use your inheritance tax yearly gifting limit of £3,000 each. In addition, if you did not use last year’s allowance that an extra £3,000 available i.e. ...

> 3y4m

Tax Year End

2021 Early Tax Year End Planning Investments

2021 Early Tax Year End Planning Investments

Personal Savings Allowance: If you can get a higher rate of cash return outside a cash ISA and inside a cash savings account then don’t forget that you may ...

> 3y4m

Tax Year End

2021 Early Tax Year End Planning Pensions

2021 Early Tax Year End Planning Pensions

Use it or Lose it: Carry Forward of Unused Pension Tax Relief Allowances for the last 3 years. Watch your income levels when planning pensions – use pensions to reduce ...

> 3y4m

Tax Year End

Consider Use All Tax Allowances or Lose Before Tax Year End

Consider Use All Tax Allowances or Lose Before Tax Year End

Pension tax relief may come under attack in the Budget Dividend tax rates may come under attack in the Budget A new Wealth tax relief may arrive Make sure you use up ...

> 4y2m

Tax Year End

Consider Sharing Personal Allowance Before Tax Year End

Consider Sharing Personal Allowance Before Tax Year End

The personal allowance is currently £12,500. This is the amount of earned or pension income you can receive before paying income tax. If you are married or in a civil ...

> 4y2m

Tax Year End

Consider Before Tax Year End 25k Pension Fund Costs 10k

Consider Before Tax Year End 25k Pension Fund Costs 10k

Pension tax relief may change in the budget but whether it does or not, there is still a huge reason for higher earners to pay into pension schemes. income of ...

> 4y2m

Tax Year End

Consider Dividend Declaration Before Tax Year End

Consider Dividend Declaration Before Tax Year End

There is currently a £2,000, a year, 0% tax band for dividend income. Above this 0% tax band dividends are taxed at: 7.5% for basic rate taxpayers 32.5% for higher rate ...

> 4y2m

Tax Year End

Paper Based Tax Return Deadlines 2019

Paper Based Tax Return Deadlines 2019

Self Assessment Deadlines Submit Paper tax returns - Midnight 31 October 2019 Online tax returns where HMRC collects tax owed from wages, pensions and PAYE - Midnight 30 December 2019 Online tax ...

> 4y6m

Tax Year End

How Much Do HMRC Tax Breaks Cost

How Much Do HMRC Tax Breaks Cost

Predicting Tax Hikes With Costs to HMRC for Tax Breaks Estimated Relief Costs to HMRC 2019/20 see HMRC Tax Relief Costs Bulletin 2019 Personal allowance - costs £bn 113.00 NICs - secondary ...

> 4y5m

Tax Year End

Make Sure and How To Get Your Tax Refund Repayment

Make Sure and How To Get Your Tax Refund Repayment

Just because you are due a tax refund repayment does not mean HMRC will automatically send it you to. We explain how to get your tax refund repayment....

> 5y2m

Tax Year End

Pension ISA Deadlines 2017

Pension ISA Deadlines 2017

Video looks at the submission deadlines for new pensions, flexible drawdown and ISA applications with various investment companies for March 2017....

> 7y1m

Tax Year End

Pension Year End Planning 2017

Pension Year End Planning 2017

We look at a few issues for your pensions and end of year tax planning 2016 to 2017 ending 05/04/2017. Carry forward, tapered annual allowance, the reduction of reduced annual ...

> 7y2m

Tax Year End

Self Assessment Deadline Dates

Self Assessment Deadline Dates

Video explains the latest dates for registration for self assessment as well as latest paper filing date, online filing date and payment date....

> 7y7m

Tax Plan

8 Action Points for Tax Year End

8 Action Points for Tax Year End

Video highlights 8 Action Points for the Tax Year End, just 10 days away....

> 8y

Tax Year End

Late Tax Return Fines Penalties 2016

Late Tax Return Fines Penalties 2016

Video offer details of the fines and penalties levied by HMRC for tax returns due in January 2016 for tax year 2014 - 2015 that at filed late....

> 8y3m

Tax Year End

New Year Money Resolutions 2016

New Year Money Resolutions 2016

Video focuses on New Year 2016 money resolutions and actions that you should take with pensions, investments, savings, care fee, tax and dividends for the coming changes in 2016....

> 8y3m

Advice Tips

Pension Contribution Before Tapered Allowance Starts

Pension Contribution Before Tapered Allowance Starts

Video looks at why higher earners should look at making a higher pension contribution now, before the end of the tax year 2015/16 in view of the reduced, tapered ...

> 8y4m

Tax Year End

Pay Dividend Before Dividend Tax Starts

Pay Dividend Before Dividend Tax Starts

Video explores the new dividend tax and whether you should take or pay a dividend before the new tax laws start in April 2016....

> 8y4m

Business

No Tax Due Do I Need To Do Tax Return

No Tax Due Do I Need To Do Tax Return

Video explores that in many cases, even if you have not made a profit or indeed made losses, you may still need to do a self assessment tax return ...

> 9y

Tax Plan

5000 Pounds Interest Tax Free Allowance

5000 Pounds Interest Tax Free Allowance

Video explores the new £5000 Savings Interest Tax Free Allowance available for lower income pensioners and low earners from 6th April 2015 meaning you can have a total income ...

> 9y

Tax Plan

When To Complete Your Tax Return

When To Complete Your Tax Return

Video on when to file your tax return - if you owe money leave it until January of the following year, if they owe you a refund do it ...

> 9y11m

Tax Year End

Tax Planning Capital Gains Allowance

Tax Planning Capital Gains Allowance

End of Year Tax Planning Tips 2014 - If you have made gains but still have not reached your annual exemption limit then you can still make gains within ...

> 10y1m

Tax Year End

Tax Planning Use Your ISA Allowance

Tax Planning Use Your ISA Allowance

End of Year Tax Planning 2014 - If you have spare cash or any allowances not used up on your ISAs do so before the 5th of April. Your ...

> 10y1m

Tax Year End

Tax Planning High Earner Get Personal Allowance Back

Tax Planning High Earner Get Personal Allowance Back

End of Year Tax Planning 2014 - If you earn over £100,000 then for every £2 over you lose £1 of your personal allowance.If you have lost all of ...

> 10y1m

Tax Year End

Tax Planning Annual Allowance Drop

Tax Planning Annual Allowance Drop

End of Year Tax Planning Tips 2014 - On the 6th of April 2014 the maximum annual amount you can pay into a pension is £40,000.We suggest that if ...

> 10y1m

Tax Year End

Tax Planning Not Working Paying into a Pension

Tax Planning Not Working Paying into a Pension

End of Year Tax Planning Tips 2014 - You don’t have to be working to pay into a pension.Paying into a pension with approaching end of year tax deadline ...

> 10y1m

Tax Year End

Tax Planning Get Back Family Allowance

Tax Planning Get Back Family Allowance

Much in the same way you can make a pension contribution for tax relief if you are a director or self-employed. You can make pension contributions to receive your ...

> 10y1m

Tax Year End

Tax Planning Financial Gifts

Tax Planning Financial Gifts

End of Year Tax Planning Tips 2014 - Consider making financial gifts. You can make a gift of £3000 per year inheritance tax free....

> 10y1m

Tax Year End

Tax Planning Pension Relief

Tax Planning Pension Relief

End of Year Tax Planning 2014 - If you are a employed or self-employed you can make pension contributions and used correctly can be an affective form of tax relief....

> 10y1m

Tax Year End

Videos Channels

Our Financial Advice Fees Quotes and Shop

Money Tips Cost of Living & Covid

Cost of Living & Covid

Markets & Alerts

Markets & Alerts

Expat & Offshore

Expat & Offshore

At Retirement Options for Pensions

Options At Retirement

Pension Transfers

Pension Transfers

Green Inv ESG SRI

Green Inv ESG SRI

Law, Wills, Attorneys

Law, Wills, Attorneys

Politics and Economy

Politics & Economy

Tax Planning Capital Gains Allowance

Tax Planning Use Your ISA Allowance