The 2026 Spring Statement was fairly modest in terms of new tax announcements

​While the 2026 Spring Statement was fairly modest in terms of new tax announcements, it still has important implications for taxpayers.

In addition to helping business owners, the new rules will make it more difficult for business owners to pay themselves dividends and sell business assets with capital gains.

Dividend tax rates will increase to 10.75% for base rate taxpayers, 35.75% for higher rate taxpayers and to 18% for CGT on disposal of business-related assets (Business Asset Disposal Relief or Investors' Relief).

Read more in this article: https://heyor.ca/k3jT9B

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