CAPITAL GAINS TAX YEAR END PLANNING

Individuals often sell off investments at the end of the year to utilise their Capital Gains Tax (CGT) annual exemption and make contributions to maximise ISA investments.

This year-end is the last time you will have an annual exemption of £12,300, as it reduces to just £6,000 from 6 April.

Likewise, the small but valuable dividend allowance is also decreasing from £2,000 to just £1,000 from 6 April.

Use it or lose it!  And tell your clients about it.