A report by Capita Registrars has found that shareholders in UK companies saw dividend payments cut by £10bn.  No surprises that those investing in the banking sector were hit the hardest. In fact UK company payments to investors in 2009 were 15% down on the previous year. The outlook for this year is not much better with dividends expected to grow but only by 5%.

So for those of you who pay your tax on account you may find you have overpaid. If you think this applies to you please call me on 01344 620495 to see how I can help.