Claire Trott: Start your tax year-end planning now

With the deadline for the Mandatory Pension Savings Statements this week (6 October) now is a great time to start to consider any available unused annual allowances and making the most of them. If your client is an active member of a defined benefit pension scheme and they haven't received a Pension Savings Statement for the tax year 2019/20 then one should be requested immediately. These can take up to three months to arrive, so you don't want to be doing this near the end of the tax year. Schemes must provide the data for all their active members, and for all those that have pension...