End of tax year: Making the most of allowances
By Tom Carnegie, 29 Jan 18
Advisers should act now to make sure their clients make the best use of allowances as the countdown starts for the end of the UK tax year. Click through the slides to see the Prudential technical team’s list of actions advisers should consider.
Dividend allowance
In tax year 2018/19, the dividend allowance will be reduced to £2,000, Cameron said, which means clients receiving the same level of dividends may pay more tax.
“Business owners and/or investors will be affected, should dividend income be reduced. Plan ahead,” he said.
Tags: Prudential
