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Dividend Tax Remove

July 2016

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By Office Assistants
As of April 2016, notional 10% tax credit on dividends will be abolished. Instead there will be a £5,000 tax-free dividend allowance with dividends above this level taxed at three different rates.
By Association of Mature American Citizens
‘Even if you don’t own dividend paying stock directly, income from other supplemental investments could be sharply reduced.’

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