Guide to 2021/22 Tax Year-End Planning
As another tax year end approaches, it’s important to finalise your 2021/22 tax planning to reduce your obligations wherever possible. The current tax year started on 6 April 2021 and ends on 5 April 2022. Reviewing your tax affairs now will enable you to make the most of any allowable deductions and strategies available to minimise or mitigate a potential tax burden.
Protect yourself, your family and your future
After another unprecedented year of the continued COVID-19 pandemic and an uncertain economy, it’s important to keep up with any tax changes that could affect your tax position in the future. Taking action now before 5 April could potentially save you in years to come. The UK tax system is notoriously complex, but the benefits of structuring our finances tax-efficiently can be significant. We’ve provided a summary and some key tax and financial planning areas that may be appropriate to certain taxpayers and should be considered prior to the end of the tax year on Tuesday 5 April 2022.
Hover over the image on the right hand side to download our guide.
Reference – MAG009 – Jan – 2022