TAXES MADE EASY Clear and concise tax guide 2023/24 Practical tax tips to guide you through the tax system and help you plan to minimise your liability. This guide is designed to provide you with an overview of the key tax rules from seven perspectives - that of the family; the employee; the person running their own business; the taxation of investments; disposals and CGT; property matters; and, finally, the potential liability on your estate at death. Please use the guide to help you identify planning opportunities, pitfalls to avoid and areas where you may need to take action and then contact us for further advice.
Contents
A Few Essentials
2
Family Matters
5
Working For Others
8
Running a Business
11
Tax and Your Investments
17
Disposals and Capital Gains Tax
19
Property Matters
20
The rules, rates and allowances in this guide relate to the 2023/24 tax year and these may be different for other tax years. The general effect of the Civil Partnership Act is to treat registered civil partners on a consistent basis with married couples. For the purposes of this guide we have on occasions referred only to spouses.
Preserving the Inheritance
22
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