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.
A think tank has proposed creating new workplace ISAs and ISA pensions in a move it claims would reduce the deficit by up to £10billion per year.
George Osborne declared his summer Budget was a “big Budget for a country with big ambitions” this afternoon.
George Osborne has opened up the possibility of “radical reforms” which could mean pensions become taxed like ISAs.