Conservative Manifesto

Double Taxation and Broken Promises

The most recent changes to dividend taxation in the Chancellors Spring Budget are a major attack on private investors. The simple change to reduce the Dividend Tax Allowance from £5,000 to £2,000 only a year after it was introduced will have a big impact on the tax paid by many investors. It's also another example of a broken promise about "no increases in taxes" made in the Conservative manifesto. The Chancellor, Philip Hammond, has already had to back-track on the increases to ...