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Author: JP / / Latest News

Consider Paying Dividends Before 6 April 2016

Something that we have mentioned in previous articles for those running their own companies is to consider paying dividends before 6 April 2016 when the new system of dividend taxation starts.  Although the first £5,000 of dividends will be taxed at 0% from 2016/17, once that has been used up there will be a 7.5% across the board increase in the rate of tax on dividends. Please contact the office if you require further information (01623 420269).

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