Dividends and Discretionary Trusts
Following the changes in dividend taxation that apply to individuals for 2016/17, changes have also had to be made to the taxation of dividends and discretionary trusts. In basic terms, this means that because dividends are paid gross, dividends that fall within the trustee’s standard rate band will be taxed
Following the changes in dividend taxation that apply to individuals for 2016/17, changes have also had to be made to the taxation of dividends and discretionary trusts. In basic terms, this means that because dividends are paid gross, dividends that fall within the trustee’s standard rate band will be taxed
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