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Reply to: tax on dividends
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Previously on "tax on dividends"
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No more extra tax is paid by the company but you will have to pay some extra tax if you earn over about £39K, my accountant advises what this level is and the extra tax is 25% of the net dividend that is over £39K ish
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tax on dividends
Hi,
I have a question about tax to be paid on company profits. Apart from Corp tax do I need to pay more tax once I take out dividends as this is a potential source of income which I get from my ltd company.
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