You can reduce your tax bill, help others by giving to charity, and build your own financial future with tax-wise ISA and pension investments. For some people, tax savings could more than double what you put in.
Up to 30 million people can reduce their taxes by taking these simple steps before the tax year ends on 5 April 2023.
Five things to do now to reduce your tax bill:
- Donate to charity
- Use your ISA allowance
- Pay into your pension
- Make any back claims you may have missed
- If you’re making big capital gains, think how you can use your allowance
Two other things to think about:
- Make arrangements to pay any tax for 2021/22
- Withdraw money from your Lifetime ISA if you need the cash
Community members enjoy a discount of 25% on untied Pro by clicking here.
If you are a member of Community and need help or advice, please contact us at help@community-tu.org or on 0800 389 6332.
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Please note that representation is not provided for investigation meetings.
If you have any further queries, please contact our Service Centre Department on 0800 389 6332 or at servicecentre@community-tu.org.
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