Tax year 2024-25 ends on Sat 5 April. What should you sort out before the financial year rolls over? Andy Maher has a handy checklist for healthy personal tax – and he explains it all to Andrew Harrison. 

No notebook required! Here’s the checklist:

10] Sort out salary exchange if your employer offers it. 

9] Use your capital gains allowance on shares. 

8] Make some charitable gifts to reduce your inheritance tax.

7] Investigate venture capital trusts.

6] Put money you don’t need right now into business relief, to help with inheritance tax. 

5] Find out about Alternative Investment Market ISAs.

4] Maximise your tax-free pension allowance.

3] Give your money away to family and friends (yes, really). 

2] Check your tax coding is right – especially after you’ve retired.

1] Make sure you use your full tax-free ISA allowance. 

Presented by Andrew Harrison and Andy Maher. Music: ‘Hold For Corporate’ licensed from premiumbeat.com. It’s Your Money is a Podmasters Production.

Learn more about your ad choices. Visit podcastchoices.com/adchoices