The March 2021 Budget was inevitably dominated by the prospect of paying for the Covid-19 crisis. The Chancellor has so far adopted the stealth option of freezing most personal tax allowances and bands until 2026, in effect raising taxes over the period. More tax rises can be expected over the coming years as the government seeks to address the spending deficit.

This guide highlights 50 ways in which you can currently use certain tax reliefs to your advantage, and how to avoid some of the tax penalties. It can help you navigate the complexity of certain tax rules and create more tax-efficient plans.