Shock announcement to tax dividends at 7.5% , 32.5% & 38.1%


Chancellor of the Exchequer, Rt Hon George Osborne MP has today announced to tax all dividends over £5,000 at the rate of 7.5% for basic rate tax payers, 32.5% for higher rate earners and 38.1% for those in the additional tax band. This will impact hard on Contractors operating low salary high dividend extraction strategies.

We will be contacting you to discuss how we can mitigate the impact of these changes, they come into effect from April 2016, we have options around profit extraction which will reduce or in some cases totally eliminate these new unanticipated tax rates.

Have your say, leave a comment…

Your email address will not be published.

City of London

Second Floor,
10 Trinity Square,
London EC3N 4AJ
Phone: 0207 100 1080

Canary Wharf

29th & 37th Floors
One Canada Square,
Canary Wharf, London E14 5AA
Phone: 0207 099 1080


First Floor
81-85 High Street,
Brentwood, Essex CM14 4RR
Phone: 01277 223 278


Chancery Place
50 Brown St
Manchester M2 2JT
Phone: 0161 820 1080

Opening Times

Monday – Saturday
8:00 AM – 6:00 PM