Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra tax adviser to the firm's OMB clients discuss the possibility and likely impact of a NI charge on small company dividends
At various times in recent years there has been speculation on whether the Chancellor would impose a National Insurance (NI) charge on dividends. In this article we will discuss what has happened to date explore the likelihood of any further changes and comment on the possible impact.
Background
The Chancellor's decision to introduce the nil rate corporation tax band for companies encouraged many businesses to incorporate. As a result an owner-manager earning just under £15 000 could...
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Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra tax adviser to the firm's OMB clients discuss the possibility and likely impact of a NI charge on small company dividends
At various times in recent years there has been speculation on whether the Chancellor would impose a National Insurance (NI) charge on dividends. In this article we will discuss what has happened to date explore the likelihood of any further changes and comment on the possible impact.
Background
The Chancellor's decision to introduce the nil rate corporation tax band for companies encouraged many businesses to incorporate. As a result an owner-manager earning just under £15 000 could...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
