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Recent content by patricktroughton

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Maximise take home pay

Hi, I'm a contracting newbie. I have a limited company with me as sole director and sole employee. I've been told the best way to run my limited company is to have a low salary (£10k), then take the rest as dividends. But taking dividends over £26k in a tax year incurs 25% tax, which is BAD! So...
- patricktroughton
- Thread
- May 9, 2008
- Replies: 18
- Forum: Accounting / Legal

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