Year End Tax Planning0708

This document provides an overview of various tax planning strategies and deadlines for the current financial year, including: 1) Capital gains tax rates are changing in April 2008, so some may see reductions while others like business owners may see increases. Pension contribution limits and rules have also changed. 2) Key deadlines this financial year include the end of the CGT annual exemption period on April 5th and ISA contribution limits also increase on this date. 3) Estate planning is recommended to take advantage of increased inheritance tax thresholds, which may allow most estates to be passed tax-free. Careful consideration of income and assets is advised.