HMRC has sent out tax codes to include a deduction for potential tax on dividends! If you don’t agree then call them and get it put right before you start to pay excessive tax each month
Call them on 0300 200 3300
Entrepreneurs relief do you qualify?
ER offers businesses the opportunity to pay only 10% tax on selling all or part of the business – but get it wrong and you could lose out big time.
Check the timing and shareholding% with a qualified accountant it could be worth its weight in gold!
New Dividend Tax kicks in from 6/4/16
Shareholders face a large increase in tax on the dividends this year
It is not that easy to take in or to calculate and many have not realized how it will affect their tax bills on 31/1/18
For advice and figures contact us on 07584 706664 and start saving or planning ...