Tax waste calculator

This information is issued on behalf of Britain’s Independent Financial Advisers and has been approved by a person authorised and regulated by the Financial Services Authority. The value of investments and the income from them can go down as well as up and you may not get back your original investment. Past performance is not necessarily a guide to future performance. Tax benefits may vary as a result of statutory change and their value will depend on individual circumstances. The name IFA Promotion^® and the Independent Financial Adviser (IFA) logo^® are registered trade-marks of IFA Promotion Limited.

About you
1. Do you have a partner?	Yes No
2. Have you got any children?	Yes No
3. Have you made a will?	Yes No
Your tax band(s)
4. At what rate do you pay tax?	Non-taxpayer 0% Basic 20% Higher 40%
5. At what rate does your partner pay tax?	Non-taxpayer 0% Basic 20% Higher 40%
6. Do you use both of your personal allowances each year (by transfering assets)?	Yes No
7. Have you filled in an R85 form (widely available from an IFA, bank or building society) to say you are a non-taxpayer?	Yes No
Your savings & investments
8. Have you maximised your ISA investments for this tax year (stocks and shares ISA £7,200 or £3,600 cash ISA)?	Yes No
9. Have you utilised your annual CGT allowance of £9,600?	Yes No
Your pension
10. Do you or your company pay into a pension?	Yes No
11. Is the contribution more than £300 per month / £3,600 per year?	Yes No
Your tax forms
12. Did you receive a self-assessment tax form this year?	Yes No
13. Did you return it by 31st January?	Yes No
Children's tax credits
14. Have you claimed children's tax credits?	Yes No
Giving to charity
15. Do you give money to charity?	Yes No
16. Do you donate through Gift Aid or Payroll Giving?	Yes No