The 2022/23 end of tax year guide: 7 allowances to make use of before 5 April 2023

by helen hall on December 20, 2022

The 2022/23 tax year ends on Wednesday 5 April. After this date, many allowances reset, and it could be your last chance to use some of them.

Allowances can help your money go further by reducing your tax liability. Reviewing your finances before the deadline could help you identify some allowances that could be right for you.

This guide explains how seven useful allowances work:

  1. Marriage Allowance
  2. ISA allowance
  3. Dividend Allowance
  4. Capital Gains Tax annual exempt amount
  5. Pension Annual Allowance
  6. Inheritance Tax annual exemption
  7. Gifts from your income.

Download your copy of ‘The 2022/23 end of tax year guide: 7 allowances to make use of before 5 April 2023’ to find out more. 

If you have any questions about your financial plan and which allowances make sense for you, please get in touch. 

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helen hallThe 2022/23 end of tax year guide: 7 allowances to make use of before 5 April 2023

Disclaimer: The information provided in our website blogs is accurate and up-to-date at the time of writing. However, please be aware that legislative changes and updates may occur after the publication date, which could potentially impact the accuracy of the information provided. We encourage readers to verify the current status of laws, regulations, and guidelines relevant to their specific circumstances. We do not assume any responsibility for inaccuracies or omissions that may arise due to changes in legislation or other factors beyond our control.

If you would like any clarification, or have any questions, please get in touch.

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