MAXIMISE TAX RELIEF FOR CAPITAL EXPENDITURE
Those running a business should take advantage of the temporary increase in the Annual Investment Allowance (AIA) to £250,000.
Those running a business should take advantage of the temporary increase in the Annual Investment Allowance (AIA) to £250,000.
The new £2,000 “employment allowance” that provides relief from paying employers NIC on the first £2,000 of contributions starts 6 April 2014.
Have you made use of your annual inheritance Tax exemptions? The general annual exemption is £3,000 per donor (plus last year’s £3,000 exemption if you did not use it).
Your maximum annual investment in ISAs for 2013/14 is £11,520 (up to £5,760 of which can be saved in a cash ISA). Your investment needs to be made before 6 April 2014
Have you used your 2013/14 annual exemption of £10,900? Consider selling shares where the gain is less than £10,900 before 6 April 2014