Sorry for a newbie question:
I have a ltd where I am a director( i am an IT contractor):
my salary as per my payslips is gross 999.60 every month,
I dont know why is this amount: My accountant suggested this figure
How much dividends shall i pay for the period from Apr 2015- Apr 2106 , I want to take one lump sum,
Assuming I will continue to pay myself the same salary.
The goal is to attract no tax on dividends
I have seen some calculators online but being a newbie is tricky. I know it is somewhere in the range of 30k ..
Appreciate your help