Dividend tax is the UK income tax charge that applies once a limited company distributes its post-tax profit to shareholders as a dividend, rather than a fresh tax on the company itself. For the 2026/27 tax year, the rate is 10.75%, 35.75% or 39.35% depending on income band, above a £500 tax-free allowance. Key takeaways…
Limited company tax refers to the collective financial obligations and Corporation Tax liabilities owed by incorporated businesses operating in the UK on their annual taxable profits, distinct from personal income tax and subject to specific statutory filing deadlines set by HM Revenue and Customs (HMRC). Key Takeaway Corporation Tax rates span a graduated three-tier structure…
An s455 tax charge is an anti-avoidance tax levied by HM Revenue and Customs (HMRC) on UK close companies when a director or shareholder takes a loan from the business and fails to repay it within nine months and one day of the company’s accounting period end. What Is an S455 Tax Charge? An S455…