Trustees and the PSC Register

24 March 2016

From 6 April 2016, virtually all UK incorporated companies (and LLPs, but in this blog I’ll refer to companies only) will have to maintain a register of individuals or entities who control them. As a result, individuals who either own, directly or indirectly, more than 25% of the shares or voting rights of such companies, […]

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New dividend taxation rules: what trustees should be doing

10 March 2016

The taxation of dividends is set to change in the new UK tax year beginning 6 April 2016. The 10% dividend tax credit will go, replaced by a new £5,000 dividend allowance that permits the first £5,000 of an individual’s dividend income to be taxed at 0%. Dividends will still sit as the top slice […]

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