London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

New Accounting rules and dividends

From next year many businesses will see their accounts change in presentation and in some cases, computation, as a result of the new FRS102 rules (and variations related to this).  The new rules may have an impact on asset values and goodwill amortisation amongst others and require not only a change to the current year but also the comparative figures.  For most businesses the disclosures may have different headings but the numbers will be the same but for some, this will not be the case and identifying the amount of reserves available to distribute as a dividend may become less straight forward.  As the new rates of dividend taxation come ever closer and consideration of payments of dividends pre 5 April is a hot topic, untangling the distributable from the non-distributable and making sense of the new rules is something with which we can help businesses and their stakeholders.

 

 

Date: 5th January, 2016
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

We enjoyed tea and cake with Flo and presented a cheque to @willenhospice for proceeds of #timefortea pic.twitter.com/uDUvt3cOJw

Our latest edition of UK Inward Investment - what are the opportunities for you, is out now bit.ly/2xB0cun click to read more

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn