If there’s one thing to take away from Spring Budget 2021, it’s taking charge of your personal finances is going to be increasingly important over the next five years and in this guide, we will look at Personal Tax Planning 2021/22 opportunities.
With the financial fallout from COVID-19 over the last year being the fiscal equivalent of fighting a war at more than £280 billion, we will be paying back that debt for many decades to come.
A new tax year is now upon us and it’s much the same as the previous 12 months from a personal tax planning perspective, while the threat of COVID-19 appears to be receding.
Here’s what you need to know from April 2021 and in some cases beyond.
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Disclaimer
The views expressed in this article are the personal views of the Author and other professionals may express different views. They may not be the views of Lambert Chapman LLP. The material in the article cannot and should not be considered as exhaustive. Professional advice should be sought in connection with any of the issues contained in the article and the implementation of any actions.