April 5th looming!
March 30th, 2011
Can you believe we’re nearly into April already? You have only a few days to act before the tax year end:
- If you’re a sole trader, consider buying any equipment you need now rather than waiting until after 5th April. Similar for any companies with a 31 March year end.
- Make a pension contribution into your personal pension scheme, particularly if you are a higher rate taxpayer as this extends your basic rate band, saving you tax.
- Start collating your tax information for your accountant, some information such as your P60 won’t be available for a while, but you can start collating details of interest and dividends in the year now.