Personal Tax Returns

[Sockpuppet]

Unless you are entering the higher rate tax bracket then you won't be paying any more tax will you?

What with your dividends having the 10% tax credit on them up to the higher rate tax bracket. Or am I missing something.

[Bumfluff]

Unless you are entering the higher rate tax bracket then you won't be paying any more tax will you?

What with your dividends having the 10% tax credit on them up to the higher rate tax bracket. Or am I missing something.

The basis they determine whether you pay tax on account or not is if the majority of your tax liability is not paid at source, I cant remeber the %. Therefore if you paid yourself min wage and the rest divs upto the high tax band, you could still end up paying tax on account as the majority of your income is not taxed at source.

[Xenophon]

Unless you are entering the higher rate tax bracket then you won't be paying any more tax will you?

I live in the higher rate tax bracket on account of my over-extravagant lifestyle. It is expensive, but I like it.

/sips champagne
/fondles call-girl

[BrilloPad]

I remember being asked to make payments for dividends I might declare in the coming year so I would not spend the tax!

what nice people those HMRC people are. Apart from my ex. she is a b***h...

[dude69]

I remember being asked to make payments for dividends I might declare in the coming year so I would not spend the tax!

Is anyone actually even pretending to run a proper limited company in this place????

[ratewhore]

Is anyone actually even pretending to run a proper limited company in this place????

This is personal tax, not company tax we are talking about...

[SallyAnne]

Is anyone actually even pretending to run a proper limited company in this place????

Are freelance people limited companies too? Or are they self employed?

[Troll]

Is anyone actually even pretending to run a proper limited company in this place????

All are tax dodging, income shifting, not paying fair share, fly-by-night types around here... Gordos right...hangings too good for 'em

[dude69]

This is personal tax, not company tax we are talking about...

Dividends are paid by companies! Not individuals.

And individuals do not spend companies' money!

[Bumfluff]

Dividends are paid by companies! Not individuals.

And individuals do not spend companies' money!

Urrr ????? Your company declays a div, you have shares in the company you recieve the dividend, that dividend then becomes personel income, and therefore you declare it on your SA if you do one.