Putting your tax and finances through a yearly fitness check is always a good idea. Best policy means doing it before the tax year ends 5 April 2020. As you take stock of how best to plan the future for you, your family and your business, there may be action you can take now to structure your affairs more efficiently.
Throughout the tax guide, the term spouse includes a registered civil partner. we have used the rates and allowances for 2019/20.
If you would like any advice then please contact our tax team, who will be able to help you further. We can advise on how best to keep open the choices that are important to you, at the same time as minimising tax liability.
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