There are some significant changes coming with the commencement of the new 2026/2027 tax year

There are some significant changes coming with the commencement of the new 2026/2027 tax year

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There are some significant changes coming with the commencement of the new 2026/2027 tax year, which may be particularly relevant to those who earn dividends, hold farm-related or business-related assets, and/or are undertaking long-term saving strategies.

If you are an ordinary taxpayer who is paid via dividends, you will see an increase in the tax rate applied to the amount of your dividend payments as of 6 April 2026.

You may also want to be aware that new thresholds for inheritance tax relief may affect how you pass business and farming-related assets on to your heirs.

In addition to this, you should use this time to review tax-free savings options such as your annual £20,000 ISA limit, Junior ISA limit (£9,000) and any contributions you make to your pension plan before the end of the tax year. By reviewing these changes early you will be able to make better financial choices throughout 2026/2027.

Read the full article here: https://heyor.ca/NqfANO

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