Dividend Tax Credits

(asked on 16th July 2015) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what information his Department holds on the number of people that received dividends of £5,000 or more in 2014.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 21st July 2015

At the Summer Budget 2015 the Chancellor announced that the dividend tax credit will be replaced by a new £5,000 tax-free dividend allowance from April 2016.

A tax information and impact note setting out expected impacts will be published alongside draft legislation prior to the changes being legislated in Finance Bill 2016.

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