Year End Tax Planner 2020-21

31 Jan 2021

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Our Year End Tax Planner 2020-21 outlines the tax reliefs and allowances that individuals and businesses can take advantage of before the end of the tax year.

Our guide covers tax planning for individuals, business owners, employers and employees, and property owners. There is also guidance for non-residents, an overview of tax efficient investments and the latest deadlines for Making Tax Digital.

The planner also takes account of recent tax changes. For example, Entrepreneurs’ Relief is now Business Asset Disposal Relief (BADR), with a reduced lifetime limit of £1 million. Non-resident landlord companies have now moved from the income tax regime to the corporation tax regime. And there have been changes to how CGT on the disposal of UK residential property is reported and paid.

Are you making the most of the tax reliefs and allowances available to you?