Mind the Tax Year End ...

The JournalMarch 05, 2011

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Summary


IT all happens so quickly. Just as the deadline for self- assessment and payment of taxes passed on January 31, the tax year- end is creeping up on us. Are you ready for it or are you amongst the many who will leave things to the last minute? Just a couple of quick pointers for you on the two most common tax breaks.

Remember to use your ISA allowance if you can. It's a matter of use it or lose it, as it cannot be carried forward. Remember you can invest up to pounds 5,100 in a cash deposit ISA. There are some reasonable rates available varying between 3% on a one-year fixed rate and 5% on a four-year fixed rate (Source: Moneyfacts).

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Mind the Tax Year End ...

Remember to check the rates you are getting on existing ...

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