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Originally Posted by 3rdknight
I'm just about to start contracting and getting myself organised as we speak. I seem to recall having seen some discussion in the past about monthly dividends attracting unwanted attention from HMRC ... is this true? Is it generally considered better practice to pay them quarterly?
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Most of the "managed" composites e.g. Brooksons / Nixon / Giant etc pay divi's in the same timescale as the funds received so based on that frequency you get the benefit there and then. Quarterly dividends I guess could be deemed more business like e.g. you are assessing the profitability in the business before paying. Smoke and mirrors....