Annual Money Review Dashboard

Checklist

Annual review checklist

Tick each area only when you have either checked it already or opened the recommended page and saved the scenario you need.

Income and tax baselineRun take-home pay, student loan, NI and pension contribution scenarios. HMRC letters, tax code and Self AssessmentCheck tax code, P800, penalties, payments on account or filing duty. Family and childcare thresholdsReview Child Benefit, childcare support, leave, marriage allowance and ANI. Property, mortgage and rent-versus-buyCheck mortgage cost, stamp duty, rent alternative and remortgage break-even. Debt, emergency fund and net worthUpdate balances and decide whether debt payoff, cash buffer or investing is next. Investing and portfolio structureCheck ISA/GIA/pension wrapper fit, ETF role, cost, overlap and concentration. Pension and retirement routeReview pension projection, annual allowance, State Pension and drawdown tax. Tax-year timingCheck April reset, January Self Assessment, ISA deadlines and year-end planning.

Professional workflow

The order matters

1. Baseline first

Start with current pay, household support, debts and cash. Otherwise every later comparison floats in the air.

2. Thresholds second

Then check adjusted net income, Child Benefit, childcare, pension taper and allowances. These are where small changes can matter.

3. Wrappers third

Only after the household baseline is clear should you compare ISA, GIA, pension, LISA or company extraction choices.

4. Save the decision

Use My Scenarios to keep the old route, new route and notes. A free tool is only useful if you can revisit it later.