As pension auto-enrolment enters a critical stage, thousands of small and micro businesses will now be thinking about their employer duties. With enforcement action for non-compliance on the rise, employers should ensure that they fully understand their new responsibilities. Do you understand yours? What is automatic enrolment? Under the Pensions Act 2008, employers are required to automatically enrol eligible workers into a qualifying workplace pension scheme and pay a mini

From 6 April 2016, the taxation of dividends changed and you will now pay tax on dividends received over £5,000 in the tax year. The tax you pay depends on which Income Tax band you’re in. Add your income from dividends to your other taxable income when working this out and you may pay tax at more than one rate dependent on individual circumstances. Tax Rates within the Tax bands Tax rate on dividends over £5,000 Basic rate 7.5% Hig