Guide: 7 allowances you might want to use before the end of the 2024/25 tax year

When a new tax year starts, many allowances reset. So, checking if you could use these valuable allowances before 5 April 2025, when the 2024/25 tax year ends, might help your money go further.

It’s important to understand which allowances fit into your financial plan and suit your goals. So, this guide could help you assess which allowances you might want to use before the current tax year ends.

The guide explains the:

  1. ISA allowance
  2. Junior ISA allowance
  3. Dividend Allowance
  4. Capital Gains Tax Annual Exempt Amount
  5. Marriage Allowance
  6. Pension Annual Allowance
  7. Inheritance Tax annual exemption

Download your copy here: 7 allowances you might want to use before the end of the 2024/25 tax year’ to find out more now.

If you have any questions about using allowances before the end of the tax year or managing your finances in the new 2025/26 tax year, please get in touch.

More blogs

05 Feb 2025

Looking beyond the numbers when using a cashflow model

Read more

05 Feb 2025

Is your estate worth more than £2 million? Your Inheritance Tax liability could be higher than you expect

Read more

What clients say

Tudor Franklin gives us reassurance that our money is being looked after.

Alan & Cheryl

Talking to Tudor Franklin has been really reassuring.

Claire & Gavin

Tudor Franklin has given us confidence for the future.”

Jenny & David

Tudor Franklin makes us feel confident and relaxed.

Robert & Tina

Tudor Franklin makes us feel very happy and secure.

Annette & Jim

We feel safe and secure with Tudor Franklin.

Namita & Ranjit