Trust Tax Rates Increase

Published / Last Updated on 24/03/2010

Trust Tax Rates Increase Reminder

by Ashley Clark, Director

A general reminder for Trustees that with effect 6 April 2010 the rates of tax for trusts are increasing.

For dividend income the rate of tax will rise from 32.5% to 42.5% and for all other income the rate will rise from 40% to 50%.

Speak to us now to legitimately avoid both taxes and cut administration for your Trust.

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