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Income Tax Optimisation

Your tax code checked, every allowance and relief you qualify for claimed, payslips and returns reviewed on a steady rhythm, and pay rises, bonuses and side income handled with the tax in view.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Then open the Marketplace in the app, search for Income Tax Optimisation, and click Install. It goes into your own files, and works offline from then on.

Before you start: this plan is general information to help you organise your own money decisions. It is not financial, investment, tax or legal advice. Check decisions that matter with a qualified, licensed adviser in your country, and remember that investing and trading can lose money.

What it installs.

1

Pillar

1

Area

50

Projects

200

Starter tasks

💷 Personal Finance

Income Tax Optimisation

Using allowances, reliefs, tax codes and deductions correctly so you pay the tax you owe and not a penny more.

  1. Tax year calendar with every deadline that applies
  2. Online personal tax account set-up
  3. Income map across every source this tax year
  4. Tax code check against the coding notice
  5. Tax year document folder
  6. Tax return requirement check
  7. Allowances and reliefs inventory
  8. Your marginal rate and band position
  9. Four-year look-back for missed reliefs
  10. Monthly payslip deductions check
  11. Work expense receipt capture
  12. Quarterly year-to-date tax estimate
  13. Annual tax return filing routine
  14. Tax bill and advance payment schedule
  15. Pre year-end allowance review
  16. New coding notice review
  17. Donation receipts and giving relief log
  18. Tax authority correspondence log
  19. Reading your tax code letter by letter
  20. How payroll works out tax each pay period
  21. Tax on savings interest and dividends
  22. Benefits in kind and salary sacrifice explained
  23. How pension tax relief reaches you
  24. Rules for claiming employment expenses
  25. Practice tax return with last year's figures
  26. Claiming relief on work expenses you already pay
  27. Transferring unused allowance to a spouse
  28. Pension salary sacrifice decision
  29. Claiming extra pension relief at the higher rate
  30. Sheltering savings interest from tax
  31. Holding savings in the lower-taxed partner's name
  32. Choosing tax software or an accountant
  33. Correcting an underpayment or claiming a refund
  34. Changing jobs without an emergency tax code
  35. Pay rise that crosses a tax threshold
  36. Bonus or share vesting month tax check
  37. Second job or side income tax set-up
  38. Moving abroad or arriving mid tax year
  39. Family benefit clawback for higher earners
  40. Company car and fuel benefit cost check
  41. Remote working from another country day log
  42. First year of taking pension income
  43. Part-year or seasonal worker refund claim
  44. Accidental landlord rental income reporting
  45. Tax tidy-up after a partner dies
  46. Responding to a tax authority compliance check
  47. Pension carry-forward of unused allowance
  48. Employee share scheme tax planning
  49. Foreign income and double taxation relief
  50. Five-year effective tax rate review

Where it starts.

Each project arrives with its purpose, milestones and first tasks written out. Here is how the first three read.

Tax year calendar with every deadline that applies

The tax year rarely matches the calendar year, and the dates that matter depend on whether you only have a salary or also file a return, pay in advance or claim reliefs. One calendar holding the year start and end, filing deadlines, payment dates and the last day for year-end contributions prevents the penalties that come purely from missing a date.

First tasks

  • Look up your tax year start and end dates on the tax authority's website
  • List every filing, payment and claim deadline that applies to you
  • Add each deadline to your calendar with a two-week reminder
  • Refresh the calendar with next year's dates when the new tax year starts @recurring(yearly)

Online personal tax account set-up

Most tax authorities now run an online account showing your tax code, the income employers and pension providers have reported, and any refund or underpayment. Setting it up once, with identity checks done and two-step sign-in switched on, means you can spot a mistake within weeks rather than when a letter arrives months later.

First tasks

  • Find the official sign-up page for your tax authority's online account
  • Complete the identity checks and switch on two-step sign-in
  • Save your taxpayer reference number in your password manager notes
  • Compare the employers listed in the account with your payslips

Income map across every source this tax year

Tax is worked out on all your income together, yet the pieces arrive from different places: salary, a taxable benefit, bank interest, dividends, rent, a side business, a pension. Listing each source with an estimated annual figure shows which band you land in, whether any allowance is at risk and whether anything arrives untaxed and needs reporting.

First tasks

  • List every way money reached you last tax year, however small
  • Estimate this year's figure for each source
  • Mark which sources already have tax taken before you receive them
  • Add up the total and note the tax band it falls in

Make it yours.

Install Income Tax Optimisation, then tell Aurum the date you're aiming for. It checks whether the plan fits the weeks you actually have.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Blueprints are general information to help you organise your own work. They are not medical, financial, legal or other professional advice. See the Terms.