End of Tax Year Guide 2022/3


End of Tax Year Guide 2022/3

This page was last updated on February 1, 2023
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


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

Current Issues

Changes for research and development tax breaks. Colourful digital lightbulb with connecting lines and dots

Changes for research and development tax breaks

A brief breakdown of what to be aware of given the changes to research and development (R&D) tax relief.
Tax implications of letting your home - bed with a warm lit lamp next to it

Tax implications of letting out your home through Airbnb

A handy overview of the tax consequences of letting out part or all of your property through sites like Airbnb and SpareRoom

An Introduction to EMI and PSR Safeguarding Audits

In this article we explain why eMoney Institutions (EMI) and the Payment Service Regulations (PSR) require safeguarding audits to be conducted, and what is involved.