Philip Hammond stated to the House of Commons in his first Budget speech that the £5,000 Dividend tax allowance, introduced only a year ago was “very generous”. True, it is more generous than the new allowance of £2,000, set to be introduced from 6th April 2018. Shareholders and Company Directors can rest easy then that the new dividend threshold, which Limited Company Accountants and Personal Tax Advisers have only just begun to get used to, will last another year!
Along with over 13 years experience in the contractor payroll industry, and after spending most of his working life as a financial advisor in the regulated financial services industry, Mike has garnered an extensive network of contacts in the recruitment industry, many of whom trust both him and the One Click Group to handle their accounting. Mike has also been a member of various industry bodies throughout the years, such as the British Institute of Recruiters, in order to champion best practices across the contractor payroll industry.