Dividend Tax hiked to 20%

2017-04-30T06:54:15+00:00April 30, 2017|News|

Shareholders brace yourself, the dividend tax rate just jumped up from 15% to 20% as of February 22nd, 2017. The reason given by government was to reduce the difference between the combined statutory tax rate on dividends and the top marginal personal income tax rate. Does Dividend Tax apply to me? Dividend Tax is [...]

Comments Off on Dividend Tax hiked to 20%

Dividends Tax

2016-08-29T07:48:07+00:00August 29, 2016|Advice|

Since April 1st 2012, Dividends Tax applied to dividends received from your investments. There is however a difference between dividends paid and interest earned from investments. In this article, we will touch on the difference between Dividends Tax and tax on interest earned. What is Dividends Tax? If you own shares and receive dividends [...]