Do Shareholders Pay Tax on Dividends?

Dividends can be a great way for company shareholders to earn money in a tax-efficient way, but they are still subject to tax – just at a different rate to other types of income. What are dividends? Dividends are payments that limited companies can make to qualifying shareholders from the profits that the company earns….

How Are Dividends Recorded in Bookkeeping

Paying Dividends from a Limited Company

Recording dividends in your accounts and paying them out to your company’s shareholders is a fairly easy process, but because many companies only declare them once a year you might not get the chance to experience how the transaction works very often. So, to help you with declaring dividends and getting your bookkeeping right, we…