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£50000 Child Benefit threshold

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    #11
    Originally posted by rrp View Post
    So....

    If you have a LTD company where yourself and partner are directors and shareholders AND you take low salary each (~8k) AND you take say 40k dividends each giving each a total income of 48k each, therefore below the 50k, do you still qualify??
    You'd qualify for CB, yes.

    Aside though, you'd fall into the higher tax bracket by paying £40K in divs.
    Contracting: more of the money, less of the sh1t

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      #12
      Thanks.

      Figures were a bit hypothetical..

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