End of year tax checklist

14/03/2011

End of year trax checklist

-          Have you used this years ISA allowance? 

-          Are you in a position to use next years ISA allowance?

-          How are your existing ISAs performing?

-          Have you used this year’s pension allowance?

-          Are you in a position to use next year’s pension allowance?

-          How are your existing pensions performing?

-          Have you used this year’s Capital Gains Tax Allowance?

-          Have you reduced your Inheritance Tax Liability by making gifts.

-          Are VCTs suitable for you?

-          Are you eligible to claim higher rate tax relief on your pension contributions?

-          Are your financial affairs in order or should you have a review?

-          Enough said!

Paul Dixon – Chartered Financial Planner