• Culverhouse & Co

Have you used your 2020-21 tax year allowances in the most efficient way?

Updated: Mar 23


14 January 2021, updated 23/3/21


As we welcome in the new calendar year, don’t forget that the end of the tax year (5 April 2021) is fast approaching; a good time for you to consider undertaking some tax planning.


At this point in the year, some of the key questions you could be asking yourself include:

  • Have I made the most of my ISA allowance?

  • What about my annual £3,000 (or £6,000 for married couples) gifting allowance?

  • Have I topped up my pension contributions before the deadline?

  • Do I qualify to receive £2000 worth of dividends tax free?

  • Have I checked that my children’s ISA accounts have made use of their tax free allowance?

If you’d like to explore having some help with tax planning, we can arrange a free initial conversation to explore tax planning options for you, with absolutely no obligation.


Contact us here to make an appointment.


This article was written by Culverhouse Financial Planning Ltd.


The article outlines just some of the things you could consider in relation to tax planning. It does not represent financial advice. If you would like personalised financial advice please contact a financial adviser.


Remember that the value of investments can fall as well as rise and past performance is not a guide to future performance.


Taxation is based on current legislation which is subject to change and will also depend on the individual circumstances of each investor.

19 views0 comments

Recent Posts

See All
  • Google+ - White Circle
  • LinkedIn - White Circle
  • Facebook - White Circle
  • Twitter - White Circle

Culverhouse & Co. is the trading name of Culverhouse & Co Ltd and Culverhouse Financial Planning Ltd.

 

Culverhouse & Co Ltd Company No: 6426365

Culverhouse Financial Planning Ltd Company No: 08470047

Registered Offices: 7 High Street, Farnborough Village, Kent, BR6 7BQ

Email: info@culverhouse-accountants.co.uk

VAT Number GB166078392

 

Culverhouse & Co Ltd is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales.

Details about our audit registration can be viewed at www.auditregister.org.uk for the UK and www.cro.ie/auditors for Ireland, under reference number C001690279.

Culverhouse Financial Planning Ltd is Authorised and Regulated by the Financial Conduct Authority for Financial Services. FCA Registration Number: 600931

The Financial Ombudsman Service is available to sort out individual complaints that clients and financial services businesses aren't able to resolve themselves. To contact the Financial Ombudsman Service please visit www.financial-ombudsman.org.uk.

The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK.

Content within this website does not represents financial advice. If you would like personalised financial advice please contact a financial adviser. 
Taxation is based on current legislation which is subject to change and will also depend on the individual circumstances of each investor. The value of your investments can fall as well as rise and investors may not get back the full amount they initially invested.  Past performance is not a guide to future performance. 

© 2018 by Culverhouse & Co