Today is the last day of the current tax year. If this has crept up on you, you\u2019re not alone.<\/p>\n
The most popular last minute decision is to use this last chance to shelter \u00a315,240 in an ISA. This is where your money can grow free of income or capital gains tax.<\/p>\n
With pensions, your personal allowance is \u00a340,000 each year (unless you\u2019re a high earner) and if you miss this year\u2019s deadline you can carry forward the unused allowance for another three years. But it doesn\u2019t work that way with Isas \u2013 these tax-efficient wrappers are known as a \u201cuse it or lose it\u201d benefit.<\/p>\n
This blog is not advice, should you need any assistance, please feel free to call the team on 0116 254 2255<\/p>\n","protected":false},"excerpt":{"rendered":"
Today is the last day of the current tax year. If this has crept up on you, you\u2019re not alone. The most popular last minute decision is to use this last chance to shelter \u00a315,240 in an ISA. This is where your money can grow free of income or capital gains tax. With pensions, your … Continue reading The Last Day of the (Tax) Year<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-63","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/posts\/63","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=63"}],"version-history":[{"count":2,"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/posts\/63\/revisions"}],"predecessor-version":[{"id":66,"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/posts\/63\/revisions\/66"}],"wp:attachment":[{"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=63"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=63"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tmam.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=63"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}