Originally posted by tarbera
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Dividends beyond £5k taxed wef 2016!!
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Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
Originally posted by TechJinx View Post
I had to look at the link as I thought that was the one where every forum post depends until someone compares someone else to Hitler
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Originally posted by d000hg View PostIt's about time they paid a sensible amount of tax, that's what!
It is the rate that others pay which is ludicrous. Look at where your money goes.
Except bankers and agents of course, they should pay 98% on everything.Comment
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Originally posted by TechJinx View Post
I had to look at the link as I thought that was the one where every forum post depends until someone compares someone else to Hitler"Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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Originally posted by d000hg View PostIt's about time they paid a sensible amount of tax, that's what!Comment
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Originally posted by AtW View PostFooking prawns.
Will vote pro-business Nu Nu Liebor next time...
Who next? sasguru? AndyW?Comment
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Originally posted by BrilloPad View PostFirst Sallyanne. Then AtW.
Who next? sasguru? AndyW?Comment
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So let me get this right. Assuming neither of you breach the 40% limit....
At the moment, no additional tax due because its credited and covered by CT at 20%. So £5K still the same but 7.5% personal tax on anything above?
So, example, income split, 10K salary, and 30K each in dividends.
So now we'd each pay an extra 7.5% on £25K each of this? £1875 per year each. Still £3700 less per year in pocket. Not cool.
Of course, paying CT at 19% would cut this down a bit. As would the NI thing.
Not happy Mr C. Looks like hes found a way to claw some money back from us.....
Suppose cant complain we've had it good for so long.
So when does this come in?Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by psychocandy View PostSo let me get this right. Assuming neither of you breach the 40% limit....
At the moment, no additional tax due because its credited and covered by CT at 20%. So £5K still the same but 7.5% personal tax on anything above?
So, example, income split, 10K salary, and 30K each in dividends.
So now we'd each pay an extra 7.5% on £25K each of this? £1875 per year each. Still £3700 less per year in pocket. Not cool.
Of course, paying CT at 19% would cut this down a bit. As would the NI thing.
Not happy Mr C. Looks like hes found a way to claw some money back from us.....
Suppose cant complain we've had it good for so long.
So when does this come in?
Can't wait for someone to do some real calculations on this.⭐️ Gold Star ContractorComment
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