Easy Last Minute Tax Saving Ideas
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“Your calm mind is the ultimate weapon against your challenges. So relax.” Bryant McGill
The 2024-25 tax year is ending, and some simple tax saving opportunities will soon slip away. It’s getting a bit late for many year-end tax saving ideas but here are a few that you could still implement. Inheritance tax annual gifting allowances There is an annual gift allowance of up to £3,000 per tax year
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Every week we take a look at what is trending in the accountancy and tax press and share items that we think will interest you. However, these are only outlines and where they relate to tax planning should not be acted upon without looking into them more completely as everyone’s circumstances are particular to them.
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But only after I get back. Helen and I got back from a short post January holiday and then a few days visiting assorted children in Sheffield. All in all, we had a good time, but it was oh so painful going back to work last Monday. I am sure you will recognise that feeling.