As the end of the 2016/17 tax year end approaches, it is important that you take the time to review your financial and tax arrangements, and consider what actions you may need to take before the start of the new tax year on 6 April 2017.
Taking action before the end of the tax year may give you the opportunity to take advantage of reliefs, allowances and exemptions whilst they remain available. At the same time, you should be considering whether there are any relevant elections that you need to make before the start of the new tax year, and before the chance to do so passes.
Menzies tax planning guide contents
This planner summarises some of the key year end tax tips including the following areas:
- Income Tax
- Capital Gains Tax (CGT)
- Tax Efficient Investments
- Inheritance Tax (IHT)
- International & Offshore
As always, we recommend that you seek professional advice when undertaking tax planning so please do speak with your Menzies contact; we will be delighted to discuss with you the issues involved and any appropriate action you may need to take.
Contact Private Client Tax Partner, David Truman by phone on 0207 3875868 or email firstname.lastname@example.org or Private Client Tax Director, Craig Hughes by phone on 01784 497149 or email email@example.com.
Menzies Private Client
Few people have sufficient time to give their financial affairs the full attention they deserve. And when your wealth is held across a range of assets, such as company shares, property and investments, it becomes even more difficult to manage and protect.
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