Taxation of dividends – changes on the horizon

Accounting, Businesses, Investments, Personal Tax, Shares l

DividendsSince the Summer Budget, a topic dominating discussions with owners of shares has been the Chancellor’s proposed new tax on company dividends.

As a reminder, the Finance Bill 2016 will abolish the 10% tax credit on dividend income, which will cease to be grossed up in personal tax computations from 6 April 2016. In its place will be a £5,000 dividend tax allowance.

Until now we had no firm details about how this dividend tax allowance will fit within the structure of personal allowances and tax rates, however the accounting profession has been working with the Treasury to produce some guidance which should be published on GOV.UK in the next few days.

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Our top 10 tips for writing a winning business plan

Accounting, Businesses, Growth, Property, Shares, Uncategorized l

Business PlanWe’ve been helping organisations to prepare business plans and forecasts for many years. Without exception, it seems like a daunting task for the management team, but it’s really crucial to your success whether starting a new business or wanting to develop an existing business, to have a clear plan and that it can be articulated to the people who can help you make it happen.

“A lack of clarity could put the brakes on any journey to success.”

Steve Maraboli – Behavioral Scientist

Here are our top 10 tips for writing a business plan:

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