KEITH M GORDON MA (Oxon), ACA, CTA, barrister explains a novel way for small companies to mitigate the effects of the non-corporate distribution rate.
SMALL COMPANIES CAN avoid the non-corporate distribution rate (NCDR) in two ways according to the Government. The first is by ensuring that the company delays paying dividends until it is making annual profits in excess of £50,000; the second is by not paying any dividends in the first place.
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