Home > Blog, News > Second Budget 8th July 2015

Second Budget 8th July 2015

July 9th, 2015

Our Budget brief is now available on our resources page of our website and also below. Please don’t hesitate to contact us should you have any queries.

The shocker in this is the change in how dividends will be taxed as from 6 April 2016. This will affect the optimum salary/dividend position for limited companies and will also affect the point at which it is better to incorporate a sole trader business. We will be advising clients once the numbers have been crunched!

The good news is that the Employment Allowance for employer’s NIC is increasing from £2,000 to £3,000 a year from April 2016.

Blog, News

Comments are closed.