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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:

  1. 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.
  2. 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.
  3. 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.

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