In this video, Technical Connection's Niki Patel provides a quick round-up of the important allowances, reliefs and exemptions clients should be making use of before the end of the 2019/20 tax year.
She discusses making use of carry forward when it comes to pension contributions, and how the various different Isa products interact with each other.
Niki highlights the tax breaks clients can fail to take advantage of, such as the marriage allowance and the capital gains tax annual exemption.
She also covers inheritance tax allowances, including how carry forward applies to the annual £3,000 exemption, the small gifts exemption, and the normal expenditure out of income exemption.
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