Year End Tax Planning

Now the final tax returns for 2009/10 have been submitted it’s important to remember the 2010/11 tax year end is just around the corner.

Year End Tax Planning – What to consider?

• pension Contributions
• capital Expenditure – making the most of your Annual Investment Allowance
• venture Capital Trusts
• capital gains tax annual exemption for 2010/11
• annual inheritance tax exemption for gifts
• annual Individual Savings Account investment limit

To ensure you take advantage of the tax savings all elections / contributions have to be made before the 5th April 2011.

For help with your planning please get in touch.

About the Author

Mark Higham

Is the Managing Partner at Numero Accountancy LLP and an ACCA qualified accountant. Having spent time working in large Plc's and Private Limited Companies in Senior Finance roles Mark start his own practice in 2005. In this time Mark has been a finalist in Doncaster Chambers Entrepreneur Year and Numero have been finalists in the Rotherham Chamber New Business Start-Up and Most Innovative Use of Technology Awards.

Posted on 5th February, 2011