Dividend tax rise 'kick in the teeth' for advice firm owners and directors

Company dividends will raise additional £600m

clock • 3 min read
Dividend tax rise 'kick in the teeth' for advice firm owners and directors

Advisers have expressed disappointment after Boris Johnson announced plans to raise taxes on company dividend payments from April 2022.

On Tuesday (7 September), the prime minister announced a 1.25 percentage point increase in dividend taxes was needed to fund health and social care services. A health and social care levy will also...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Your Business

Louis Williams: "Capturing clients’ sustainability preferences provides the adviser with a foundation in which to have a conversation in order to understand their goals from the outset."

Louis Williams: Why getting to the heart of ESG matters

Understanding clients of all ages

Louis Williams
clock 26 November 2021 • 5 min read
Fiona Tait: "It is important that advisers regularly review their clients' arrangements and watch out for any issues that could allow this to happen."

Fiona Tait: Death benefits - expressing the client's wishes

Regular reviews important

Fiona Tait
clock 26 November 2021 • 4 min read
Simon Goldthorpe: "[Are you starting a business] because you see a better way of doing things, because you don't like being told what to do all the time, or is it more about earning money or status?"

Simon Goldthorpe: Key considerations before launching your own advice firm

Is this what you really want?

Simon Goldthorpe
clock 25 November 2021 • 4 min read