Dividends – Changes to Taxation April 2016

Celandine Monmouth Investments and Services

Changes to Dividend Taxation Important from 6 April 2016 there will be changes in the way Dividends are taxed. The Dividend Tax Credit (one ninth of the dividend value), will be removed. This will be replaced by a new Dividend Allowance in the form of a 0% tax rate on the first £5,000 of dividend […]

Help to Buy NISAs

Celandine Monmouth Investments and Services

Help to Buy NISAs – if you are a first time buyer, you can save up to £200 a month towards your first home with a Help to Buy NISA and the government will boost your savings by 25%. That’s a £50 bonus for every £200 you save. You can receive a bonus of up […]

Withdrawal of Mortgage Relief on Buy-to-Let Properties

Mortgages Monmouth Celandine IFA

From April 2017 landlords will no longer be able to claim higher rate tax reliefs worth 40% or 45% of the interest payments on their buy-to-let mortgages. Instead, the maximum relief will be set at the basic rate of 20%, although the change will be phased over a four year period. This will effectively double […]