Here is our weekly heads-up on the stories that may have caught your clients' attention over the weekend...
Dividend tax snatch Clients may have come across an article in the Telegraph which focused on the government's new way of taxing dividends as announced by the Chancellor in the Summer Budget. It outlined the profiles of investors likely to be affected and highlighted implications for investors of both, high and lower wealth. From April next year the existing system of dividend taxation will be scrapped and replaced with a dividend allowance of £5,000 for everyone, regardless of their income tax rate. Above that £5,000 limit dividends will be taxable at new, increased rates. Th...
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