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Reply to: Net Dividend Calc without any Salary - Before higher tax rate

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Previously on "Net Dividend Calc without any Salary - Before higher tax rate"

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  • Craig@Clarity
    replied
    In principal, your calculation is correct. However, the PA in this current tax year is £6,475.

    In the new tax year the rates are PA of £7,475 and basic rate tax band is £35,000 giving a total of £42,475

    Leave a comment:

  • Sagara
    started a topic Net Dividend Calc without any Salary - Before higher tax rate

    Net Dividend Calc without any Salary - Before higher tax rate

    Can anyone confirm this calculation for me:

    Tax Band: 37,400
    PA: 6,470
    ---------------
    Limit: 43,870
    Net Dividend = 43,870 * 0.9 = 39,483

    All the samples I've found so far were with salary payments etc.. so I could not be sure about this.

    Cheers.
    Tags: None

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