Originally posted by Fred Bloggs
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Doesn't matter whether dividend allowance goes down and/or tax rates go up. As long as marginal rates of tax increase as income increases, there's going to be incentive to transfer income from higher earning individuals to lower ones. This applies whether the low rates are 0% and high rates 25% (as a couple of years ago), or 7.5% and 32.5% (as now), or if they increase further.
Or have we misunderstood your point?
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