Higher-earners: Prepare for the new 50% tax rate

In the last Budget, Chancellor Alistair Darling revealed plans for a new 50% tax rate on earnings over £150,000 from April. As part of the changes, the tax on dividend income to earners in the top tax bracket will also increase to 42.5%.

To discuss how these changes will affect you, please contact your client partner or Paul Spindler on 020 7566 4000 or at pspindler@kingstonsmith.co.uk.