Reduction in dividend allowance from 6 April 2018
2nd March 2018
Did you know about these dividend allowance changes?
From 6 April 2018, the dividend allowance is reduced to £2,000.
If you are a shareholder in your own company and have distributable reserves do make sure you make full use of the current £5,000 dividend allowance in the current tax year. Also make sure the necessary paperwork is completed!
If you would like to speak to someone about planning ahead for these dividend changes then get in touch via our Contact Form.