From the 1st April the top tax rate is set to increase from 33% to 39%.
If you have a company that pays dividends you should do this, and pay the Withholding Tax (WHT), before the end of March so it can still be taxed at 33%
Talk to us urgently for tax advice around this and other matters relating to your personal tax situation if you are likely to be impacted by the increased tax rate.
Planning to pay the correct tax is important for many reasons, but especially for your business’ cashflow, no one likes the surprise of a tax bill at short notice. We do our very best to ensure clients stay on top of their upcoming tax payment obligations but talk to us if you have any queries.