Make tax savings before they expire

It’s time to get in shape before the end of the tax year. Ian Tongue shows what you need to consider.

With the tax year end of 5 April ever closer, it is important that you maximise tax-free allowances and are best based placed moving into the next tax year.

Frequently, tax allowances are per tax year and if you are married or in civil partnership, they are doubled up. Understanding which ones are available is the key to ensuring that you reduce your tax burden.