As the end of the 2018/19 tax year is rapidly approaching, we have put together a summary of tax related points and some planning ideas which may be of interest to you. We also identify upcoming tax changes.

We would be delighted to assist you in managing your tax liabilities, so please call or email your usual contact at James Cowper Kreston if you would like to discuss anything mentioned in this document, with a view to taking action before 6 April 2019.

Personal Allowances and income tax rate bands
Personal Savings Allowance (PSA)
Starting Rate Band for Savings
ISA allowances
Marriage Allowance
High Income Child Benefit Charge
Enterprise Investment Scheme
Pension contributions
National Insurance Contributions
Company cars
Salary sacrifice
Dividend income
Tax-free allowances on property and trading income
Owner managed businesses
Changes affecting residential landlords
Stamp duty land tax on residential property
Non-domiciled individuals
Foreign loss election – 2014/15 elections to be made by 5 April 2019
Capital gains tax
Capital gains tax for non-UK resident individuals
Entrepreneur’s Relief
Inheritance Tax
Inheritance Tax – Office of Tax Simplification Report
Trust review
Offshore assets: requirement to correct
The Disguised Remuneration Loan Charge
Spring Statement

If any of the above is of interest or relevant to you and you would like to discuss anything in more detail then please call or email your usual contact at James Cowper Kreston.