As the end of the tax year approaches

It’s never too late to implement tax planning. If you are in receipt of a bonus, additional dividend income or have recently inherited a lump sum; consider increasing your pension savings to utilise unused reliefs from earlier tax years. Have you used your ISA allowance? More detail on these and other tax saving opportunities can be found?here.

Jeremy Hunt will deliver the Spring Budget alongside the Office for Budget Responsibilities (OBR) on 6 March 2024. Many employees have already enjoyed more in their January pay as a result of the cut in National Insurance last Autumn - are there more tax cuts on the way? Whatever happens the CKLG team will provide you with a summary of the headlines and how these changes will impact individuals and businesses.

If you’re not already part of CKLG, why not call us to discuss how we can support you and your business? We make switching Accountants and Tax Advisers easy and?can manage the entire process for you. Read more on how you can switch in our? "Simple 5 Step Process for Switching".?We look forward to hearing from you.?

Katie and Lawrence

Here is a round up of some of our latest blogs and podcasts for this quarter:

Are you making ends meet by selling some of your unwanted possessions online??Read more HERE

Did you know your cryptocurrency is taxable? Read more?HERE

Moving to a Digital Solution with your business accounting? A sensible accounting decision in 2024??Read more HERE

Find out what you should be thinking about if your end of accounting year is approaching.?Read more HERE

In their fourth podcast together Sarah Tucker, CKLG and Paul Orrey, MM WEALTH LTD discuss how you can take advantage of the tax planning initiatives before 5th April 2024. Listen HERE

To contact our Tax or Business Services Team about any of the updates in this newsletter please Email Us: [email protected] ??Call Us: 01223 810100