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MAP Newsletter – Quarter 1 2020

Check out the latest financial insights for the first quarter of 2020 using the reader below. If the above reader does not display correctly, you can access the newsletter by clicking...

New Tax Year Planning Pt. 2

In our second post about tax planning ahead of the new tax year, we look at income sharing, pension contributions, ISAs and Capital Gains. Income Sharing Always try and share income (if possible) between spouses, and so perhaps keep one or both of you out of 40% tax....

New Tax Year Planning Pt. 1

In the first of two posts about tax planning, ahead of the new tax year, we look at how you can use salaries, dividends and pensions to maximise tax-free income. Salaries You may think this is a strange one to put in for tax planning, but it is an obvious one, and...

Tax Planning for Spouses

Capital As mentioned in a separate article in our January 2019 Professional Newsletter, as transfers between husband and wife are ignored for Capital Gains Tax (CGT) purposes, why not use this as much as you can to reduce a clients’ tax bill for any gains? Pensions...

CGT Planning

More and more clients need to do some Capital Gains Tax planning (CGT) as investment valuations rise. So here are some things you may wish to consider as an accountant or solicitor. Personal Allowances The current CGT allowance is £11,700 per person, and it is always...