--- title: Things to think about after 5th April tax year end description: Tax planning at the beginning of the tax year can be just as valuable as waiting until the tax year end. image: https://blog.shorts.uk.com/hubfs/Stock%20images/Couple%20at%20home%20working%20on%20laptop%20computer.jpeg --- [![Shorts_logo_White](https://blog.shorts.uk.com/hubfs/New%20Site%202018/Shorts_logo_White.svg "Shorts_logo_White")](https://www.shorts.uk.com/) [Blogs & News](https://blog.shorts.uk.com/) > [Business Taxes](https://blog.shorts.uk.com/topic/business-taxes) # Things to think about after 5th April tax year end Jo Grant - 27 March 2017 ###### Select topic - Please Select - [ Audit ](https://blog.shorts.uk.com/topic/audit) [ Business Taxes ](https://blog.shorts.uk.com/topic/business-taxes) [ Radius – R&D Tax Relief & Patent Box ](https://blog.shorts.uk.com/topic/radius-rd-tax-relief-patent-box) [ Corporate Finance ](https://blog.shorts.uk.com/topic/corporate-finance) [ GENUS Management Accounts ](https://blog.shorts.uk.com/topic/genus-management-accounts) [ VAT ](https://blog.shorts.uk.com/topic/vat) [ Private Client ](https://blog.shorts.uk.com/topic/private-client) [ Payroll ](https://blog.shorts.uk.com/topic/payroll) [ EOT ](https://blog.shorts.uk.com/topic/eot) [ International Taxes ](https://blog.shorts.uk.com/topic/international-taxes) ![featured image](https://blog.shorts.uk.com/hubfs/Stock%20images/Couple%20at%20home%20working%20on%20laptop%20computer.jpeg) ###### Tax planning at the beginning of the tax year can be just as valuable as waiting until the tax year end. The run up to 5th April, with the budget (and often Easter) intervening, can be a frenetic time for personal financial planning. All tends to go quiet once the new tax year begins, but the reality is that there are many planning points that are worth considering at the *start* of the tax year rather than leaving it until the end. - ISA contributions (£20,000 maximum in 2017/18) are best made at the start of the year rather than the end, as it means the tax benefits are enjoyed for nearly a year longer. - A similar argument applies to pension contributions, although if your income for the year ahead is uncertain, the case for delay is stronger. - The [dividend allowance](https://blog.shorts.uk.com/changes-to-the-taxation-of-dividends-since-april-2016) is £5,000 per tax year, so it is worth checking early on how much dividend income you are likely to receive and whether that prompts any investment changes. If you are married or in a civil partnership, that might mean transferring assets between the two of you. - Similar considerations of who holds what apply to deposit accounts and the personal savings allowance of up to £1,000 a year each. - The many thresholds built into the income tax system are a driver to working out what might be your total income in the tax year as soon as possible. If you know in April you are likely to be near a threshold by next March, you have that much more time to plan accordingly.   ## Approaching the tax year end?  If you would like a new tax year review of your financial planning please don’t wait until next March, [**contact**](https://www.shorts.uk.com/contact-us/) a member of **[our team](https://www.shorts.uk.com/about-us/our-team/?department=Tax&location=)** now.  ![author](https://blog.shorts.uk.com/hubfs/1678438830033-1.jpg) #### Jo Grant Jo is the Senior Marketing Manager at Shorts Chartered Accountants. [View my articles](https://blog.shorts.uk.com/author/jo-grant) Tags: [Business Taxes](https://blog.shorts.uk.com/topic/business-taxes) Share this on - - - [Questions? Get in touch with us](https://www.shorts.uk.com/contact/) ###### Tax Saving Guide 2026-27 Written especially for entrepreneurs and owner-managed businesses, this guide is full of planning ideas and tax risks to avoid. [ Download now ](https://info.shorts.uk.com/en-gb/tax-saving-guide) ![Tax saving guide 2026-27](https://blog.shorts.uk.com/hs-fs/hubfs/Tax%20saving%20guide%202024.jpg?width=375&height=465&name=Tax%20saving%20guide%202024.jpg) ###### Related articles ##### [Basis Period Reform – What you need to know](https://blog.shorts.uk.com/basis-period-reform-what-you-need-to-know) ##### [Shorts appoint Lynne Gill as Senior VAT Manager](https://blog.shorts.uk.com/shorts-appoint-lynne-gill-as-senior-vat-manager) ##### [Two-year window for claiming R&D tax credits is ending soon](https://blog.shorts.uk.com/yearend-approaching-dont-miss-rd-tax-credits) ##### [Income Tax Allowances - 2025/26](https://blog.shorts.uk.com/income-tax-allowances-2024/25) ###### Latest articles [A case of aggressive tax avoidance: Glasgow Rangers Football Club](https://blog.shorts.uk.com/aggressive-tax-avoidance-affect-you) [What is VAT? - Complete Guide (Updated for 2025/26)](https://blog.shorts.uk.com/what-is-vat) [Ashgate Hospice Sparkle Night Walk 2026](https://blog.shorts.uk.com/ashgate-hospice-sparkle-night-walk-2026) [Stocktaking guide for UK businesses](https://blog.shorts.uk.com/stocktaking-guide-for-uk-businesses) [Supporting the Chatsworth Cascade for future generations](https://blog.shorts.uk.com/supporting-the-chatsworth-cascade-for-future-generations) [Deal of the Year win at Insider Dealmakers Awards 2026](https://blog.shorts.uk.com/deal-of-the-year-win-at-insider-dealmakers-awards-2026) [Football shirt Wednesday: Backing England in style](https://blog.shorts.uk.com/football-shirt-wednesday-backing-england-in-style) [Understanding lifetime trusts: the basics](https://blog.shorts.uk.com/understanding-lifetime-trusts-the-basics) [Close company directors face new HMRC detail requirements in 2026](https://blog.shorts.uk.com/close-company-directors-face-new-hmrc-detail-requirements-in-2026) [Shorts advise Harris Irwin Architects on successful growth funding.](https://blog.shorts.uk.com/shorts-advise-harris-irwin-architects-on-successful-growth-funding) #### About Us Use this little footer to reinforce your message about who you are and why people love working with you. And since this is a global module, you only have to edit it once to make the changes across every page it appears on. [Learn More [fa icon="long-arrow-right"]](https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end#) #### More Links #### Contact Us [fa icon="phone"]   [fa icon="envelope"]  [yourname@company.com](mailto:yourname@company.com) [fa icon="home"]  Cedar House, 63 Napier Street, Sheffield, South Yorkshire, S11 8HN, | 2 Ashgate Road, Chesterfield, Derbyshire, S40 4AA | (0114) 2671617 / (01246) 559955 [[fa icon="facebook-square"]Facebook](https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end#) [[fa icon="linkedin-square"]Linkedin](https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end#) [[fa icon="twitter-square"]Twitter](https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end#) [[fa icon="pinterest-square"]Pinterest](https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end#) Copyright 2026 | Designed with [fa icon="heart"] by [HubSpot](https://www.hubspot.com) [[fa icon="chevron-up"]Back to top](https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end#) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Jo Grant", "url" : "https://blog.shorts.uk.com/author/jo-grant" }, "dateModified" : "2020-02-27T08:52:43.117Z", "datePublished" : "2017-03-27T08:00:00.000Z", "headline" : "Things to think about after 5th April tax year end", "image" : [ "https://blog.shorts.uk.com/hubfs/Stock%20images/Couple%20at%20home%20working%20on%20laptop%20computer.jpeg" ], "mainEntityOfPage" : { "@id" : "https://blog.shorts.uk.com/considerations-after-5-april-tax-year-end", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.shorts.uk.com/hubfs/2018%20Shorts%20logo%20with%20transparent%20background%20.png" }, "name" : "Shorts" } } ```