Year end tax planning for individuals

1. General approach

1.1. Use of personal allowances

1.2. Scottish and Welsh taxpayers

1.3. Spouses/partners

1.4. Children

1.5. Compliance

2. Earnings

2.1. Bonuses

2.2. BIKs - cars

2.3. BIKs - other

3. Property income

3.1. Rent-a-room rellief

3.2. Property businesses

3.3. Property allowance

3.4. Furnished holiday lettings

4. Savings and investment

4.1. Savings and dividend income

4.2. ISAs

4.3. Tax-favoured investments

4.4. Life insurance policies

5. Pensions

5.1. Pension contributions

5.2. Pension flexibilities

6. Charitable giving

7. Capital gains tax

7.1. General CGT planning

8. Inheritance tax

8.1. General IHT planning

8.2. Wills

9. Planning ahead

9.1. Future tax changes