could somebody tell me if dividend income is susceptible to the 9% payback to student loans comp?
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My understanding is that it is...B00med! -
W*nk, if its so...Comment
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AFAIK its only earned income that applies but I will check and report back later.Comment
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40 w*nks if not so...Comment
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Dividends are included. My apologies for the earlier post but I did say I'd check
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damn, oh well thanks guys.Comment
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Hang on a minute isn't (say) a loan (say from a previous employer in the same tax year) declared on your P11D (in the interest free / low interest rate) section declared as an "Expense" and therefore subject to taxation on "Expeneses" i.e NOT (and nothing to do with) dividends which are a Tax on a Limited Companies "Profits" (hence a seperate tax altogether) ??, say given in this example the loan was granted as a 'benefit in kind' by say a previous employer with no obligation to repay the loan after employment terminated with the lender ????????
What I am saying is that say an interest free/low interest loan from a previous employee has no baring on dividend tax payments for a completely seperate limited company ? Correct me if I am wrong.Comment
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sorry eliquant can you please tell us what your getting at, i dont understand any of the aboveOriginally posted by eliquant View Post
Student loan is based on income (repayment calculated at 9% of your total income), divi's are a part of income so...Comment
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