Tax year end planning: Foreword


With a general election on the horizon, the coming year is likely to see significant changes to the UK tax landscape.

The election is sure to keep tax, of all varieties, in the spotlight and there is already speculation that the Inheritance Tax nil rate band could be increased: there could be a return to the 50% income tax rate and potentially a new Mansion Tax, all depending on who is elected to Government.


Given this backdrop, it is important to remain up-to-date with the latest developments in UK tax.


We outline the main known changes and summarise planning opportunities to consider before the end of the tax year and early in 2015/16.