Following recent changes, it should be remembered that dividend allowances will be cut from £2k to £1k in April, then reduced to £500 from April ’24. The annual exemption for capital gains tax drops from £12.3k to £6k from April, then to £3k from April ’24.

If you would like to find out more about investment strategies for 2023and beyond, please call Tim Norris on 020 8614 4780 or e-mail Tim.Norris@fpgonline.co.uk.

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