Dividends beyond £5k taxed wef 2016!!

[smalldog]

7.5% tax increase won't put me off a venture into permiedom for now at least.

[PurpleGorilla]

7.5% tax increase won't put me off a venture into permiedom for now at least.

Exactly I'd rather pay 2k pay than have a bunch of 121s checking my targets against company values [emoji16] a la permieville. But the expenses IR35+ is no cool!

[Datalink]

So who is moving to an IOM type scheme then.

[AtW]

So who is moving to an IOM type scheme then.

Maybe this chap -

George Osborne family business' £6m offshore deal - Channel 4 News

[DimPrawn]

Maybe this chap -

George Osborne family business' £6m offshore deal - Channel 4 News

I intend to put my money offshore and then follow it! George would be proud.

[Zero Liability]

This is the price to pay for putting in a chancellor who studied History rather than PPE...

Oh wait.

[TykeMerc]

18 page threads often go ot then they have run their course.

Given there will be a new tax and most will have to pay around 2k more pa, there is little opportunity to mitigate it, so live with it or get out.

IMO people should be more worried about IR35 Mk IV and expenses legislation than this.

Until the up the basic dividend tax rate to 20% of course.

Indeed, the 2k will hurt, but I can cope with that. The possible problems with expenses do concern me and IR35 is back on the table which will seriously upset some in IPSE who'd considered it dead and had abandoned the campaign, of course it was abandoned all too early since it's likely to be back with a vengeance.

[NorthWestPerm2Contr]

Switzerland has got to be a serious option now. High rates and reasonable taxes and only a short flight away.

[AtW]

Switzerland has got to be a serious option now. High rates and reasonable taxes and only a short flight away.

Quiet, but have you taken into account that there is NAT there?

[unixman]

I suppose you could be that unprofessional about it.

Obviously my post was written to amuse, but seems to have caught you in a bad mood.

To see the kind of wording that is appropriate, dig out one of those letters the utility companies are always sending to explain their rate increases. Then use similar language...