The TYE is neigh. Here Jonny Black urges advisers to take the opportunity to review clients' planning behaviour, and where possible, recommend improvements...
It may be human nature, but putting off tasks until just before a deadline can cause an administrative headache for advisers when it manifests itself at tax year-end (TYE) when clients are rushing to finalise their tax planning. In some cases, there's little clients can do to avoid having to rush. Those who are self-employed may need to wait until the very end of the tax year to fully understand their earnings. Similarly, those who receive bonuses often won't have them paid until March, meaning they simply can't take action until there are only a few days of the tax year left. But ...
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