Hilesh Chavda comments on Dividend Tax increase in Daily Express

Hilesh Chavda
28 March 2022

Our private client partner Hilesh Chavda discussed the Chancellor’s Spring Statement with the Daily Express.

An increase in the Dividend Tax of 1.25% is due to come into force from 6 April, and the Express considered if this may be delayed by the Chancellor.

Hilesh commented: “I expect this increase to go ahead in the Chancellor’s Spring Statement. The increase will affect people with larger shareholdings, those who are investing significant sums of money or business owners who pay themselves a dividend from their business. 

“The vast majority of voters will not be affected, so politically I would be surprised if the move was delayed.”

Read the article.

Hilesh Chavda
Partner - Private Client
Hilesh Chavda is a Partner Solicitor at Spencer West. He specialises in private wealth, tax, trusts and other protection vehicles, wills, probate, succession planning and advising on UK assets when coming to or leaving the UK.