The Step-by-Step Guide to Dividend Tax in 2023/24

Finance

Source: The Step-by-Step Guide to Dividend Tax in 2023/24

UK business owners must know how much money their firm may pay out in dividends. Dividends are an important source of income; therefore (inevitably), you will need to pay tax on any that you receive. It may appear perplexing since the dividend tax rate differs from the income tax rate you may pay on other forms of earnings.