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Previously on "Guys - quick question as I've been out of the game for a while..."

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  • Bluebird
    replied
    Originally posted by TheFaQQer View Post
    Have a look at the calculator available from John Falcon - https://jf-financial.co.uk/2017/01/1...idends-201718/ (other calculators may be available)

    That should help you be able to play around with figures etc.

    Thanks Mate - Glad to see you're still about!

    Leave a comment:


  • TheFaQQer
    replied
    Originally posted by Bluebird View Post
    Just looking at rough idea for the moment.
    Have a look at the calculator available from John Falcon - https://jf-financial.co.uk/2017/01/1...idends-201718/ (other calculators may be available)

    That should help you be able to play around with figures etc.

    Leave a comment:


  • Bluebird
    replied
    Thanks - but I wanted a quick idea before speaking to an accountant

    Leave a comment:


  • LondonManc
    replied
    Nope, it's all changed.

    Ask an accountant.

    Leave a comment:


  • Guys - quick question as I've been out of the game for a while...

    I currently get a pension for about £8k, I'm looking to pay myself wages of about £9k and then about £30k of dividends a year.


    Am I right in saying the £8k & £9k I get £11k allowance and then pay income tax ( 20%ish ) on the other 6k.


    The dividends I'll pay 5% on the whole amount?


    Just looking at rough idea for the moment.


    Thanks

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