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Summer Budget Report 2015

9 July 2015

HMRC accounting advice - Haleys

Welcome to your Summer Budget Report 2015.

Our budget report explains how you are affected by the announcements made by our Chancellor yesterday.

A major change was the new tax rules for dividends. The new rules will apply from April 2016. From the announcements yesterday, it appears that this will reduce but not remove the savings from taking dividends rather than salary from a company. As more information is released, we will advise clients accordingly as to what the impact will be and what action needs to be taken.

Michael

 

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