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NO DIVIDEND TAX FOR SMALL BUSINESS OWNERS

283 Comments

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Anonymous
11 years ago Featured

There is very little in this budget to encourage smaller owner managed companies. It is hard to see smaller limited companies rushing to create new jobs given the additional costs arising from the dividend tax and Auto Enrolment pensions.

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John Hollow
11 years ago

The sentiment is anti entrepreneurial ,however, there are always ways around these things

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Anonymous
11 years ago

Please do not penalise small businesses by levying dividend tax. This is double taxation. We pay our dues - why tax us even more?

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Russell l
11 years ago

Disincentives entrepreneurial spirit & is protectionism for big corporates. Time for removal of it.

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Peter Dawson
11 years ago

Tories the party to support small business.....not.

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Lila Devi
11 years ago

seems the Govmt don't understand the freelance/contracting market and just cowtail to big business who see us as competition - can't have that now can we! IR35 is an ill conceived legislation that should be scrapped, yet they will be 'consulting' on it and also relying on 'whistleblower' clients, making it even harder. This will hit big business who rely on contracting staff! But the short sighted Tax generating view of the Govmt & HMRC can't see the long term implications to the economy or workforce. They're also using old language 'controlled' who is controlled in a professional job?

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Paul Colman
11 years ago

This is a kick in the teeth for small businesses owners who took a risk instead of taking up a job - or being on the dole!

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James Aston
11 years ago

What is the incentive to take risks and employ people? This will just drive more people in to competing for ever fewer corporate jobs.

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Paul Brennock
11 years ago

The Tories the champions of small business? Not if this measure is enacted.

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Pards Singh Mattu · petition starter
11 years ago

That would be to simple for MP's to understand, [email protected]

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Pards Singh Mattu · petition starter
11 years ago

This will lead to a very difficult 2016. We could be entering the world of the employed and large corporations... [email protected]

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Pards Singh Mattu · petition starter
11 years ago

This could spell the end to IR35 legislation as HMRC look set to collect any unpaid NI through dividend tax!!! [email protected]

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Jude Mahoney
11 years ago

This is utterly ridiculous, one might think you're deliberately trying to force contractors into PAYE, wonder why that would be...

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Sajad Ghafoor
11 years ago

This is double taxation! Tax on tax!

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prem
11 years ago

one rule for the rich one rule for the survives

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prem
11 years ago

one rule for the rich one rule for the survives

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Graham Kemp
11 years ago

For a government purporting to support small businesses and hard-working families this is extremely disappointing. Business owners who are only in the basic tax rate band could find themselves paying close to an extra £2,000 tax per annum. These are people who work extra-hard and accept the risks associated with being in business. The sort of people you would expect this government to encourage, not penalise.

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Sukhjit
11 years ago

Small businesses already very hard to keep business run

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Sanjay
11 years ago

Agree

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Jasvir Singh
11 years ago

It's only fair to have a lower rate for smaller business. Common sense just like the council taxes are worked out.