Tag: Dividends

Dividend Complexities

The dividend allowance, which was originally introduced from 6 April 2016, was cut from £5,000 a year to £2,000 from 6 April 2018. The cut is likely to have a significant impact on employees and directors of small businesses who receive both salary and dividend payments. Many family-owned companies allocate dividends towards the end of […]

Read More

Dividend Etiquette

How much can you withdraw as a Dividend? Dividends are not meant to be another form of remuneration, but are the format in which you can distribute surplus profits to shareholders.  It is therefore important to ensure that you do have excess profits before any dividend is approved. This may sound obvious, but smaller businesses […]

Read More