Dividend tax rates set to rise in the UK from 6 April 2022 by 1.25% to 8.75%, 33.75% and 39.35%.
If you have not done so already, now would be a good time (and the last chance) for those company directors/shareholders who take income in the form of dividends to consider maximising dividend receipts in order to benefit from the lower tax rates available until 5 April 2022.
If in doubt, don’t hesitate to speak to us.
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