Maximising your Personal Tax Free Income

With the end of the tax year (5th April) fast approaching now is a great time to ensure that you have utilised all of you tax free allowances, something only possible if you know what they are.

So, here is a brief summary of some of the allowances available to you in the 2018/19 tax year, showing how much income from various sources is tax free.

The content of this article is for general information only and does not constitute tax advice. It should not be relied upon and action which could affect your business should not be taken without appropriate professional advice.

Written by Kate Bell (née Bailey) BA(Hons) ACA

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