As the end of the tax year draws closer, it is important to review your financial planning strategies. With the turmoil of the last few years due to Covid-19 and the ongoing crisis between Russian and Ukraine leading to rising household costs, it has never been more critical to ensure that your affairs are as tax-efficient as possible.
This blog considers some possible tax-efficient planning strategies that you might wish to consider implementing before 5th April 2022. This includes:-
- Making the most of tax-efficient savings and investments
- Estate and inheritance tax planning strategies
- Making the best use of capital allowances
- Extracting profit tax-efficiently.
Financial planning should ideally be an ongoing, year-round activity. For further advice and information on tax-efficient planning, up to 5 April 2022 and beyond, please get in touch with the DRG tax team.
You can download the guide by clicking on the link below.