Many bosses of smaller businesses will have to think again about how they pay themselves following the dividend tax credit changes, the owner of an Accredited Financial Planning firm says.
The FCA says it is making decisions on whether to refer a firm or individual to its enforcement division for a formal investigation more ‘transparent’.
A new online Financial Planning service created by the IFP’s Surrey branch chairman has won a national award.
An online dividend tax calculator has been set up by Hargreaves Lansdown after the Budget changes led to increasing questions from investors.
The change in the taxation of dividends announced in the Budget has been branded an attack on entrepreneurship.
Plans for a secondary annuities market will not be implemented until at least 2017 after the Treasury said the move would be delayed.
A Financial Planner believes the Budget changes to dividend tax credits will mean business owners may have to reassess the most efficient method of remuneration.
The Bank of England has left its Bank Rate unchanged at half a per cent and the size of the Asset Purchase Programme at £375 billion - extending the record period of stability.
A probe into taxes on smaller businesses will be a key priority for the Office of Tax Simplification, as it was announced today that the body would be established on a statutory basis.
Anticipated cuts to the pensions tax relief for people earning more than £150,000 are ‘perverse’, the Wealth Management Association claims.
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