Dividend tax rates increase

Dividend tax rates increase

Dividend tax rates increase: what you need to know so you can plan ahead. Next year, on 6th April 2023, the Government will introduce a new health and social care levy (HSCL), intended to provide ring-fenced funding for health care (including adult social care). If...
Extracting Profit From The Family Company

Extracting Profit From The Family Company

The start of the new tax year means that shareholder/ directors may want to review the salary and dividend mix for 2019/20. The £3,000 employment allowance continues to be available to set against the employers national insurance contribution (NIC) liability which...