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

[Bluebird]

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

[LondonManc]

Nope, it's all changed.

Ask an accountant.

[Bluebird]

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

[TheFaQQer]

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.

[Bluebird]

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!