{"id":5103,"date":"2024-03-12T12:22:10","date_gmt":"2024-03-12T12:22:10","guid":{"rendered":"https:\/\/www.goodmanjones.com\/blog\/?p=5103"},"modified":"2024-03-12T12:22:10","modified_gmt":"2024-03-12T12:22:10","slug":"year-end-tax-planning-2024","status":"publish","type":"post","link":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/","title":{"rendered":"Year-end tax planning 2024"},"content":{"rendered":"<p>Year-end tax planning is crucial for individuals and businesses to optimise their financial strategies, minimise tax liabilities, and take advantage of available allowances and incentives before the end of the tax year. For those looking to optimise their year-end tax planning for 2024, there are several considerations to be made following the <a href=\"https:\/\/www.goodmanjones.com\/blog\/budget-2024-response\/\">Spring Budget announcement<\/a>:<\/p>\n<h2><span data-contrast=\"auto\">Investing tax efficiently<\/span><\/h2>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:768,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Consider using your \u00a320,000 ISA allowance for the year.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:768,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Do you wish to take advantage of the tax incentivised investments including EIS, SEIS or VCTs?\u00a0 All offer generous tax advantages but the downside is they are high risk investments.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Top up your <a href=\"https:\/\/www.goodmanjones.com\/services\/personal-tax-planning\/retirement-planning\">pension savings<\/a>. The annual allowance (the maximum you can save into pensions in any one year) increased from \u00a340,000 to \u00a360,000 for 2023\/24 and the lifetime allowance was abolished. This gives greater opportunity to build up your pension pot.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-contrast=\"auto\">Capital Gains Tax (CGT)<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/h2>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"auto\">The <a href=\"https:\/\/www.gov.uk\/guidance\/capital-gains-tax-rates-and-allowances\">CGT Annual Exemption for 2023\/24<\/a> is \u00a36,000 per person and will reduce to only \u00a33,000 from 6 April 2024. Check to see if you have made full use of your available exemption.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"5\" data-aria-level=\"1\"><span data-contrast=\"auto\">Transfers of capital assets between married couple and civil partners can be made free of CGT. Take advantage of this to maximise use of both of your annual exemptions.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"6\" data-aria-level=\"1\"><span data-contrast=\"auto\">If you have more than one home, you can elect which is to be your main residence for CGT purposes. There is a two-year time limit for making elections so make sure you don\u2019t miss out.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"2\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"7\" data-aria-level=\"1\"><span data-contrast=\"auto\">Be careful if you are investing in crypto assets. HMRC usually treat trading in crypto assets as a personal investment subject to CGT. Moving money between different crypto assets is a disposal and acquisition and will crystallise a gain or loss. <\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-contrast=\"auto\">Retaining your tax allowances<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/h2>\n<ul>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:852,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"8\" data-aria-level=\"1\"><span data-contrast=\"auto\">Your personal income tax allowance is reduced by \u00a31 for every \u00a32 that your income exceeds \u00a3100,000. Pension contributions and Gift Aid payments can be deducted in arriving at your total income for this purpose and can be used to help preserve your personal allowance.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<li data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:852,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" aria-setsize=\"-1\" data-aria-posinset=\"9\" data-aria-level=\"1\"><span data-contrast=\"auto\">A dividend allowance of \u00a31,000 is available to everyone regardless of their total income. This is reducing to only \u00a3500 from 6 April 2024.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-contrast=\"auto\">Child benefit<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"auto\">Are you affected by the high-income child benefit charge (HICBC)?\u00a0 For the 2023\/24 year the HICBC effectively claws back child benefit if either of a couple\u2019s income exceeds \u00a350,000. The chancellor recognised in the budget that this treats couples with similar amounts of income unfairly where one party to the couple is the majority earner. Whilst changes are being made to address this, for 2023\/24 a couple with a more equal income spread can benefit.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span data-contrast=\"auto\">Basis period reform for unincorporated businesses<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"auto\">New rules requiring unincorporated businesses to report taxable profits on a tax year basis have been introduced, with the 2023\/24 year being a transitional year. This could have a significant tax impact for businesses which currently declare profits for a period other than the tax year.\u00a0 If you haven\u2019t already planned for this change it is still not too late to do so.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span data-contrast=\"auto\">VAT on school fees<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"auto\">It is widely anticipated that VAT will be introduced in school fees in future. Your children\u2019s school may already be in communication with you on this topic. Keep in touch with them as there may be opportunities available to help mitigate against this increase.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Year-end tax planning is crucial for individuals and businesses to optimise their financial strategies, minimise tax liabilities, and take advantage of available allowances and incentives before the end of the tax year. For those looking to optimise their year-end tax planning for 2024, there are several considerations to be made following the Spring Budget announcement:[&#8230;] <\/p>\n<div class=\"brown_button\"><a class=\"more-link\" href=\"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/\">Read More<\/a><\/div>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[468,885],"tags":[],"class_list":["post-5103","post","type-post","status-publish","format-standard","hentry","category-news","category-personal-tax"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Year-end tax planning 2024<\/title>\n<meta name=\"description\" content=\"For those looking to optimise their year-end tax planning for 2024, here are the considerations to be made following the Spring Budget\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Year-end tax planning 2024\" \/>\n<meta property=\"og:description\" content=\"For those looking to optimise their year-end tax planning for 2024, here are the considerations to be made following the Spring Budget\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/\" \/>\n<meta property=\"og:site_name\" content=\"London Chartered Accountants Blog | Goodman Jones London Accountants\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-12T12:22:10+00:00\" \/>\n<meta name=\"author\" content=\"Richard Verge - Tax Director\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GoodmanJones\" \/>\n<meta name=\"twitter:site\" content=\"@GoodmanJones\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Richard Verge - Tax Director\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/\"},\"author\":{\"name\":\"Richard Verge - Tax Director\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#\\\/schema\\\/person\\\/756ca81453fcf2e0f99d557d5d540927\"},\"headline\":\"Year-end tax planning 2024\",\"datePublished\":\"2024-03-12T12:22:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/\"},\"wordCount\":535,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#organization\"},\"articleSection\":[\"News\",\"Personal Tax\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/\",\"url\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/\",\"name\":\"Year-end tax planning 2024\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#website\"},\"datePublished\":\"2024-03-12T12:22:10+00:00\",\"description\":\"For those looking to optimise their year-end tax planning for 2024, here are the considerations to be made following the Spring Budget\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/year-end-tax-planning-2024\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Year-end tax planning 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/\",\"name\":\"London Chartered Accountants Blog | Goodman Jones London Accountants\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#organization\",\"name\":\"Goodman Jones LLP\",\"url\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/150528_Goodman-Jones__Full-Lockup_CMYK.jpg\",\"contentUrl\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/10\\\/150528_Goodman-Jones__Full-Lockup_CMYK.jpg\",\"width\":2970,\"height\":482,\"caption\":\"Goodman Jones LLP\"},\"image\":{\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/GoodmanJones\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/goodman-jones\\\/\",\"http:\\\/\\\/www.youtube.com\\\/user\\\/GoodmanJonesLLP\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/#\\\/schema\\\/person\\\/756ca81453fcf2e0f99d557d5d540927\",\"name\":\"Richard Verge - Tax Director\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3ec1e003fb2a760de0a74fb1f30eacd99c7deac62be3d788e290f54a45a92a6a?s=96&d=https%3A%2F%2Fwww.goodmanjones.com%2Fblog%2Fwp-content%2Fthemes%2Ftwentytwelve%2Fimages%2Favatar.jpg&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3ec1e003fb2a760de0a74fb1f30eacd99c7deac62be3d788e290f54a45a92a6a?s=96&d=https%3A%2F%2Fwww.goodmanjones.com%2Fblog%2Fwp-content%2Fthemes%2Ftwentytwelve%2Fimages%2Favatar.jpg&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3ec1e003fb2a760de0a74fb1f30eacd99c7deac62be3d788e290f54a45a92a6a?s=96&d=https%3A%2F%2Fwww.goodmanjones.com%2Fblog%2Fwp-content%2Fthemes%2Ftwentytwelve%2Fimages%2Favatar.jpg&r=g\",\"caption\":\"Richard Verge - Tax Director\"},\"description\":\"T: +44 (0)20 7874 8856 View Richard's Linkedin profile Richard is a personal tax expert and is able to advise high net worth individuals on either immediate tax concerns or a long term plan to ensure that their affairs are structured to take advantage of the tax reliefs available. His experience from working with HMRC ensures that he is more than adept at understanding the view from the other side, to the benefit of his clients. Richard advises entrepreneurs, owners of family businesses and partners in professional practices and provides advice on planning from both a personal and worklife perspective.\",\"url\":\"https:\\\/\\\/www.goodmanjones.com\\\/blog\\\/author\\\/richard-vergegoodmanjones-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Year-end tax planning 2024","description":"For those looking to optimise their year-end tax planning for 2024, here are the considerations to be made following the Spring Budget","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/","og_locale":"en_GB","og_type":"article","og_title":"Year-end tax planning 2024","og_description":"For those looking to optimise their year-end tax planning for 2024, here are the considerations to be made following the Spring Budget","og_url":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/","og_site_name":"London Chartered Accountants Blog | Goodman Jones London Accountants","article_published_time":"2024-03-12T12:22:10+00:00","author":"Richard Verge - Tax Director","twitter_card":"summary_large_image","twitter_creator":"@GoodmanJones","twitter_site":"@GoodmanJones","twitter_misc":{"Written by":"Richard Verge - Tax Director","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/#article","isPartOf":{"@id":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/"},"author":{"name":"Richard Verge - Tax Director","@id":"https:\/\/www.goodmanjones.com\/blog\/#\/schema\/person\/756ca81453fcf2e0f99d557d5d540927"},"headline":"Year-end tax planning 2024","datePublished":"2024-03-12T12:22:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/"},"wordCount":535,"commentCount":0,"publisher":{"@id":"https:\/\/www.goodmanjones.com\/blog\/#organization"},"articleSection":["News","Personal Tax"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/","url":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/","name":"Year-end tax planning 2024","isPartOf":{"@id":"https:\/\/www.goodmanjones.com\/blog\/#website"},"datePublished":"2024-03-12T12:22:10+00:00","description":"For those looking to optimise their year-end tax planning for 2024, here are the considerations to be made following the Spring Budget","breadcrumb":{"@id":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.goodmanjones.com\/blog\/year-end-tax-planning-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.goodmanjones.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Year-end tax planning 2024"}]},{"@type":"WebSite","@id":"https:\/\/www.goodmanjones.com\/blog\/#website","url":"https:\/\/www.goodmanjones.com\/blog\/","name":"London Chartered Accountants Blog | Goodman Jones London Accountants","description":"","publisher":{"@id":"https:\/\/www.goodmanjones.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.goodmanjones.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.goodmanjones.com\/blog\/#organization","name":"Goodman Jones LLP","url":"https:\/\/www.goodmanjones.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.goodmanjones.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2015\/10\/150528_Goodman-Jones__Full-Lockup_CMYK.jpg","contentUrl":"https:\/\/www.goodmanjones.com\/blog\/wp-content\/uploads\/2015\/10\/150528_Goodman-Jones__Full-Lockup_CMYK.jpg","width":2970,"height":482,"caption":"Goodman Jones LLP"},"image":{"@id":"https:\/\/www.goodmanjones.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/GoodmanJones","https:\/\/www.linkedin.com\/company\/goodman-jones\/","http:\/\/www.youtube.com\/user\/GoodmanJonesLLP"]},{"@type":"Person","@id":"https:\/\/www.goodmanjones.com\/blog\/#\/schema\/person\/756ca81453fcf2e0f99d557d5d540927","name":"Richard Verge - Tax Director","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/secure.gravatar.com\/avatar\/3ec1e003fb2a760de0a74fb1f30eacd99c7deac62be3d788e290f54a45a92a6a?s=96&d=https%3A%2F%2Fwww.goodmanjones.com%2Fblog%2Fwp-content%2Fthemes%2Ftwentytwelve%2Fimages%2Favatar.jpg&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3ec1e003fb2a760de0a74fb1f30eacd99c7deac62be3d788e290f54a45a92a6a?s=96&d=https%3A%2F%2Fwww.goodmanjones.com%2Fblog%2Fwp-content%2Fthemes%2Ftwentytwelve%2Fimages%2Favatar.jpg&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3ec1e003fb2a760de0a74fb1f30eacd99c7deac62be3d788e290f54a45a92a6a?s=96&d=https%3A%2F%2Fwww.goodmanjones.com%2Fblog%2Fwp-content%2Fthemes%2Ftwentytwelve%2Fimages%2Favatar.jpg&r=g","caption":"Richard Verge - Tax Director"},"description":"T: +44 (0)20 7874 8856 View Richard's Linkedin profile Richard is a personal tax expert and is able to advise high net worth individuals on either immediate tax concerns or a long term plan to ensure that their affairs are structured to take advantage of the tax reliefs available. His experience from working with HMRC ensures that he is more than adept at understanding the view from the other side, to the benefit of his clients. Richard advises entrepreneurs, owners of family businesses and partners in professional practices and provides advice on planning from both a personal and worklife perspective.","url":"https:\/\/www.goodmanjones.com\/blog\/author\/richard-vergegoodmanjones-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/posts\/5103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/comments?post=5103"}],"version-history":[{"count":6,"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/posts\/5103\/revisions"}],"predecessor-version":[{"id":5109,"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/posts\/5103\/revisions\/5109"}],"wp:attachment":[{"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/media?parent=5103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/categories?post=5103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.goodmanjones.com\/blog\/wp-json\/wp\/v2\/tags?post=5103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}