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yeah there will be some kind of extra tax on dividends in owner-manager companies - aka IR591, details are unknown but it will certainly make things worse off
The truth is that nobody knows what 'IR591' will contain. At the time of the PBR probably not even the Treasury itself knew - it was just a statement of intent.
The only certain change in 2004 concerning dividend tax credits is that they are to be withdrawn for dividends paid within ISAs.
It seems to me unlikely that from no details being forthcoming at all, there will suddenly be a raft of legislation imposed in the budget and effective immediately. That wasn't even how they did IR35, and whatever form IR591 takes, I think it's likely to be bigger and more wide-ranging than IR35.
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