Do Dividend Changes Mean You’re Due a Double Tax Shock from HMRC?
On 6th April 2016, radical new rules affecting the way dividends are taxed came into force, with the introduction of a flat rate £5k tax allowance on dividends for everyone – irrespective of how much they earn. Under the new rules, any dividends taken over the £5k allowance will be taxed at 7.5% for…
