If I declare my dividend with 7th Apr 2011 and pay myself with a cheque dated also

[sbakoola]

Am I true is saying that if I declare my dividend with 7th Apr 2011 and pay myself today a net dividend amount with a cheque dated today the tax liability on this dividend will be reset, so say with this amount I pay myself £22,500 net dividend I won't be charged the higher rate of dividend tax ??

I would expect the £22,500 net dividend to fall into the £35,000 lower rate of dividend tax threshold for tax year 2011-2012 i.e. the 10% tax credit range. (the gross dividend on my £22,500 actually being £25,000).

thanks for any confirmation of this.

[Craig@Clarity]

You've got the gross dividend calculation right. Keeping it simple, provided your other gross income is less than £17,475 (£42,475 - £25,000) in this tax year, the actual personal tax liability is zero.