April Dividend clarification

[Scrag Meister]

Am planning to pay myself a healthy div in April, probably somewhere around the 7th

Allowance 7475
Lower rate threshold 35000

Total 42475
Salary 12000
Balance 30475

The Balance is the Net Div * 10/9

So Max Net Div to pay with no further tax is £27427.50????

[Nixon Williams]

Am planning to pay myself a healthy div in April, probably somewhere around the 7th

Allowance 7475
Lower rate threshold 35000

Total 42475
Salary 12000
Balance 30475

The Balance is the Net Div * 10/9

So Max Net Div to pay with no further tax is £27427.50????

Correct!

[Scrag Meister]

Correct!

Thanks for that.