The end of the 2018/19 tax year is now less than one month away. While there may still be time to act on certain measures to optimise the use of HMRC-approved tax breaks and reduce personal tax liabilities for 2018/19, this article looks ahead to the position for the new 2019/20 tax year. We have been aware of the intended 2019/20 tax allowances and rates since the 29th October 2018 budget. It is beneficial to be aware of potential opportunities at the start of the tax year, rather than trying to correct matters at the end. The ways in which these allowances and tax bands may affect people individually is best discussed with a trusted Independent Financial Adviser and, where appropriate, an accountant and/or solicitor.