For various reasons may not take a salary until after April 2016.
Have not received a salary (nor any other income) since March 2015.
Wondering what is the maximum dividend I could "take" without incurring more tax ...is it approximately
In my situation would prefer to take a (£37.6K) dividend only but do not want to find that I end up paying additional/more/higher rate tax(es).
(Assumed that £37.6 paid to me grosses to £41.9K onto my self assessment return).
Have not received a salary (nor any other income) since March 2015.
Wondering what is the maximum dividend I could "take" without incurring more tax ...is it approximately
- £28K
- £38K
In my situation would prefer to take a (£37.6K) dividend only but do not want to find that I end up paying additional/more/higher rate tax(es).
(Assumed that £37.6 paid to me grosses to £41.9K onto my self assessment return).
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