Shipleys LLP is delighted to announce we have joined with Moore Kingston Smith - read more
×

Resources

End of Tax Year Guide 2022/3

Resources

End of Tax Year Guide 2022/3

This page was last updated on February 1, 2023
Download PDF
As the 5 April 2023 approaches, here's a simple guide to help with your end of tax year preparations and planning.

As we approach the end of the tax year on 5 April 2023, you may be able to choose the tax year in which your income, gains or tax reliefs fall. This can
affect how much tax you need to pay and when you pay it.


End-of-year tax planning is especially complicated this year. In the Autumn we had three fiscal statements, multiple u-turns and two Chancellors. This means it can be confusing to know which rates and thresholds currently apply.


Jeremy Hunt’s statement on 17 November is still (currently) in force and it is important to note that this froze and reduced a number of tax-free allowance thresholds for the coming years. It means that in the run up to the 2022/23 tax year-end, it is important to plan and be prepared.

In this handy guide you’ll find helpful advice regarding:

Income tax

Dividend Income

Capital gains tax

Inheritance tax

Individual Savings Accounts

… and more.

Download your copy:

Counting down to the tax year-end

CAN WE HELP?

Please do get in touch with your usual Shipleys’ contact if you need any further advice or call one of our offices.

London – t: +44 (0)20 7312 0000 – e: advice@shipleys.com

Godalming – t: +44 (0)1483 423607 – e: godalming@shipleys.com

Specific advice should be obtained before taking action, or refraining from taking action, in relation to this summary. If you would like advice or further information, please speak to your usual Shipleys contact.

Copyright © Shipleys LLP 2023

Download PDF

Current Issues

Inheritance tax on your main residence
A handy summary of the residence nil-rate band in relation to inheritance tax

Ground rules on gifts – inheritance tax myth-busters
Many of us want to give some of our assets to loved ones, but inheritance tax (IHT) rules can be confusing.

Don’t assume automatic Capital Gains Tax relief when selling your home
In this article we explain the qualifying criteria for Private Residence Relief. This relief enables some people not to have to pay Capital Gains Tax on the increase in the value of their home over the time they owned it.

Useful Tools

We've brought together a whole host of practical resources designed to assist you in your life and business.

Tax Facts 2025/26
Our summary of the key facts, figures and deadlines for the 2025/26 Tax Year

Ideas Library

Our Ideas Library collects together the meeting summaries from our regular Business Club in Godalming, which cover a host of business topics.

The skills to succeed in 2025
In our first session of 2025, our Business Club members discussed how to plug skills gaps in organisations and also how to keep skills development plans on track.