We are now into the new fiscal year in the UK.
The personal allowance (amount you can earn before any tax is due) is £9,440 this year.
Take advantage of your annual ISA (Individual Savings Account) entitlement.
This is £11,520 for a stock & shares ISA, £5,760 for a cash ISA.
Businesses should make plans to succeed and should include how they are going to maximise their utilisation of the temporary increase in the annual investment allowances ( up to £250,000 for the next 2 years). Care should be taken to ensure the rules covering different rates within one accounting period do not cause problems.
Would you benefit from a business advisor or mentor?
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