Free report available on the new dividend tax and how to avoid it
Author: Russell Smith
December 17, 2015From 6 April 2016, there will be a significant tax increase on dividends taken from limited companies.
Whilst it will still mean that limited companies are more tax efficient than being self employed (as long as your profits are over £40,000), the gap has now narrowed.
At the moment you can take £38,000 from your limited company free from income tax, from 6 April 2016 you will pay £1,650 in tax.
To get my perspective on this and ways to potentially avoid the new tax AND what to do about it before 6 April 2016, send me an email at russell@rsaccountancy.co.uk and I will send you a free special report that I have written.
