The tax rules for dividends change from 6 April 2016.
Basically, when you receive more than £5,000 in dividends, there will be an additional tax at 7½ % on the dividends above £5,000.
There are some accountants that see this as the end of the world.
It is true that for some people there is no way to avoid this. However, for many people there are ways to mitigate against this. For our clients, we are making the changes right now – there is no point waiting – because the sooner you re-adjust to the new situation, the better.
If you are not already a client, why not call Peter Hill to arrange a free 1 hour meeting where we can discuss how we work for you and not for HMRC