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End of year tax tips

When it comes to making the most of your money, every little helps. That is especially important when the current economic climate is affecting us all, in different ways.

So with the end of the current tax year on 5 April fast approaching, it is a sensible move to make the most of all the personal and business tax reliefs and allowances you can, so that you do not have to pay any more tax than you have to.

To help you with some ideas for your end of year tax planning, we have produced a special document setting out some ideas for reducing your business and personal tax bills.

Of course, everyone’s individual tax situation is different, so please contact us if you would like more in-depth advice, tailored to your personal circumstances.

To help our clients manage their tax affairs with maximum efficiency, we will also be contacting you a little closer to 5 April to start the process of preparing for your next tax return as early as possible.

For more information on tax issues, please do not hesitate to contact us.

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Nicholsons
Newland House,
The Point,
Weaver Road,
Lincoln, LN6 3QN

T: 0845 27 66 555
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Nicholsons provides a comprehensive accountancy, audit and tax services and is a member firm registered with the Institute of Chartered Accountants In England and Wales. Nicholsons also provides a number of business support and advisory services including ; corporate finance, employee services, marketing support, business coaching, management training and consultancy. As a SAGE accountancy Partner Nicholsons also provides SAGE software, training and support.

Partners: Nigel Douglas FCA, Richard Grayson FCA, Richard Hallsworth ACA, Steve Kerby FCA, Emma Murray ACA.

Nicholsons also provides a range of financial services. Nicholsons is authorised and regulated by the Financial Services Authority. We are entered on the FSA register number 101739 at www.fsa.gov.uk/register. VAT will be applied to fees where applicable. Our VAT registration no is 128 2835 63. Accounting and taxation services and advice are not regulated by the Financial Services Authority. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK. Levels, and bases of, and reliefs from taxation are subject to change and their value depends on the individual circumstances of the investor.