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Personal tax planning

23 May 2018

The second active practice update for May looks at personal tax planning and how planning your finances early can ensure you adopt the most tax-efficient strategy going forward.  The article looks at income and how tax is charged in particular in relation to the reduced dividend allowance (which came into effect on 6 April 2018); capital gains, extra income through property and trading on marketplace websites, and also foreign income.  The article also looks at how to be more tax-efficient with savings including personal savings allowance and ISAs.  Lastly it considers family matters and how to provide security for your loved ones.

To view the article in full please click here.

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