Guide: 7 allowances you might want to use before the end of the 2024/25 tax year
Category: Private Clients Posted on: February 11, 2025When a new tax year starts, many allowances reset. So, checking if you could use these valuable allowances before 5 April 2025, when the 2024/25 tax year ends, might help your money go further.
It’s important to understand which allowances fit into your financial plan and suit your goals. So, this guide could help you assess which allowances you might want to use before the current tax year ends.
The guide explains the:
- ISA allowance
- Junior ISA allowance
- Dividend Allowance
- Capital Gains Tax Annual Exempt Amount
- Marriage Allowance
- Pension Annual Allowance
- Inheritance Tax annual exemption
Download your copy here: ‘7 allowances you might want to use before the end of the 2024/25 tax year’ to find out more now.
If you have any questions about using allowances before the end of the tax year or managing your finances in the new 2025/26 tax year, please get in touch.
By us, for you
Delve into our collection of articles, containing useful guidance and ideas to help you plan, save, and make the most of your money.
Why earning more than £100,000 doesn’t have to mean falling into a tax trap
Private Clients Read further
5 questions to answer before you withdraw a pension lump sum to reduce Inheritance Tax
Private Clients Read further
Balancing your goals: Why investing could be suitable for long-term goals
Private Clients Read further
Are you supporting a loved one? You might need a Lasting Power of Attorney to act
Private Clients Read further