I have a question regarding my self assessment which i will be filing in the next few days.
I previoulsy worked through my LTD company from April to Oct...then i was out of work until beginning of feb. In feb i had to take a different job and have been PAYE since.
Regarding my LTD company, i took approx £22k dividends last year.
My question is will i need to pay tax on these or do i fall under the threshold level and what impact will me now working through paye have on this.
Just to give some more infor from Feb to April (since i was working paye) i grossed £14k and paid tax of £3.8k. Is this going to affect my dividends?
Many thanks as im clueless about all this.
I previoulsy worked through my LTD company from April to Oct...then i was out of work until beginning of feb. In feb i had to take a different job and have been PAYE since.
Regarding my LTD company, i took approx £22k dividends last year.
My question is will i need to pay tax on these or do i fall under the threshold level and what impact will me now working through paye have on this.
Just to give some more infor from Feb to April (since i was working paye) i grossed £14k and paid tax of £3.8k. Is this going to affect my dividends?
Many thanks as im clueless about all this.
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