Originally posted by Platypus
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Take a big dividend this year?
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Last edited by MrMarkyMark; 30 March 2016, 00:11.The Chunt of Chunts. -
Originally posted by Platypus View PostI risked it and bumped by income to £100k. I didn't think about the tax on account thing. Too late now! I guess I'll get it back eventually. If my circumstances change I could live to regret it of courseComment
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Originally posted by jamesbrown View PostYou can reduce the payment on account if you want (assuming you're not going to extract £100k next year, and you're confident about that).Comment
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Originally posted by Gaz_M View PostHow do you do this?'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by MrMarkyMark View PostI did the same, but will reduce the payment on account as has already been suggested.
She says that she can apply to reduce the payments on my tax return, so I shouldn't need to do anything.
HTH.Comment
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Originally posted by iainp999 View PostI asked my accountant about this as I'm taking a large dividend this tax year, as a one-off.
She says that she can apply to reduce the payments on my tax return, so I shouldn't need to do anything.
HTH.The Chunt of Chunts.Comment
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Yes, as indicated above, you can do this at any time via an SA303 or, perhaps more conveniently, in the "Payments on Account" section of your SATR/SA100.Comment
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