Knowledge Centre Category: H

Higher Rate Tax

Higher rate tax applies to income between £50,271 and £125,140, at which point dividend income is taxed at 33.75% and employment income at 40% (2026/27). Green Accountancy helps clients plan their salary and dividend mix to make the most of lower tax bands and avoid unnecessarily tipping into the higher rate.

HMRC

HMRC (His Majesty's Revenue and Customs) is the UK government body responsible for collecting taxes and administering tax reliefs, to which Green Accountancy submits corporation tax returns, PAYE returns, VAT returns and other filings on behalf of its clients. Green Accountancy's focus on low-risk tax planning is specifically designed to maintain a good standing with HMRC for all clients.