Monthly Archive: August 2015

LATEST THOUGHTS ON THE NEW DIVIDEND TAX

The Finance Bill 2016 will abolish the 10% tax credit on dividend income, which will cease to be grossed up in personal tax computations from 6 April 2016. It will be replaced by a so called £5,000 dividend tax allowance….
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POST BUDGET PLANNING ISSUES FOR PROPERTY INVESTORS

In last months Budget, the Chancellor announced that mortgage interest payments and arrangement fees incurred when taking out buy to let mortgages for residential properties will be restricted to the basic rate of tax, currently 20%. This change in practice…
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