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The countdown to the UK Tax Year 2024-25 ends is on—here’s your action plan: (1) Use ISA allowances to shield savings from tax, (2) Contribute up to £60,000 (or 100% of earnings) into pensions for relief, (3) Offset capital losses against gains before the £3,000 CGT allowance resets, (4) Claim eligible expenses like charity donations or professional fees, and (5) Verify PAYE codes to avoid overpaying tax. For landlords, finalize property income reports, and for investors, harvest gains strategically. A few hours of review now could save thousands—don’t let April 5 sneak up unprepared!
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