Tax free allowances.
Don’t forget to make use of your 2024/25 tax free allowances:
• Dividends £500
• ISA £20,000
• Interest £1,000 (£500 higher rate or £0 additional rate)
• Rent a room £7,500 (special rules apply)
• Personal allowance £12,570 (reduced by £1 for every £2 income above £100,000)