Dividend Taxation from 6 April 2016

By Lora Benson | Mar 11, 2016
The taxation of dividend income is set to change from 6 April 2016. From this date people will be taxable on the actual dividend they receive and the current system of receiving a net dividend with an attaching 10% credit and grossing up will no longer apply. In this Financial Planning Bulletin we look at how the system will operate for all types of taxpayers, the planning opportunities resulting and how to maximise its benefit.
The taxation of dividend income is set to change from 6 April 2016. From this date people will be taxable on the actual dividend they receive and the current system of receiving a net dividend with an attaching 10% credit and grossing up will no longer apply. In this Financial Planning Bulletin we look at how the system will operate for all types of taxpayers, the planning opportunities resulting and how to maximise its benefit. Visit Aviva for Advisers Tech Centre to read the article.



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