Taxation of dividends


Dividend income are treated as the top band of income. In order to work out your tax payable, you will need to add your income from dividends to your other taxable income. You may pay tax at more than one rate. You don’t pay tax on dividends from shares in an ISA. Basic rate Higher rate Additional rate 7.5% 32.5% … Read More

Effect of Brexit on Small Businesses

Brexit Accounting

It has been more than one year since Britain voted to leave the EU. Triggering of article 50 of the Lisbon Treaty has started a legal process of divorcing United Kingdom from Europe. Clearly this has resulted in a great deal of uncertainty for all businesses. Small businesses find themselves in a state of limbo. As for any change, Brexit … Read More