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April Dividend clarification

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    #1

    April Dividend clarification

    Am planning to pay myself a healthy div in April, probably somewhere around the 7th

    Allowance 7475
    Lower rate threshold 35000

    Total 42475
    Salary 12000
    Balance 30475

    The Balance is the Net Div * 10/9

    So Max Net Div to pay with no further tax is £27427.50????
    Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.
    Tags: None
    #2
    Originally posted by Scrag Meister View Post
    Am planning to pay myself a healthy div in April, probably somewhere around the 7th

    Allowance 7475
    Lower rate threshold 35000

    Total 42475
    Salary 12000
    Balance 30475

    The Balance is the Net Div * 10/9

    So Max Net Div to pay with no further tax is £27427.50????
    Correct!

    Comment

      #3
      Originally posted by Nixon Williams View Post
      Correct!
      Thanks for that.
      Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

      Comment

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