The April 5 tax year end deadline is looming and many clients will have heard those familiar words, "use it, or lose it" in relation to their annual tax allowances.
While many advisers will have been helping their clients invest and save tax-efficiently throughout the year, there will be many clients who have last-minute tax questions and needs.
There is still time to maximise clients' allowances, whether that is using their pension or Isas.
Louise Halliwell, senior savings manager at Yorkshire Building Society, notes: “The last day of the financial year marks a milestone date for savers to be aware of.
"Based on the number of savers who rushed to deposit money in their Isa in the final weeks of last year’s deadline, we anticipate there’ll be savers needing that extra reminder again this year."
What types of tax-efficient vehicles are available for clients to use?
How can advisers help their clients plan throughout the year, rather than do last-minute tax planning?
Talking Point, in association with Schroders, considers how advisers can help clients prepare for the end of the tax year by making the most of their allowances.
The report, which can be read by clicking the link in the image above, qualifies for an indicative 30 minutes' worth of CPD.