Originally posted by smileyface
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Salary v dividends
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Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten. -
Calm down everybody. He was just asking how the allowances work.
Example 3
“I have a non-dividend income of £6,500, and a dividend income of £12,000 from shares outside of an ISA”
With a Personal Allowance of £11,000, £4,500 of the dividends are under the threshold for tax. A further £5,000 comes within the Dividend Allowance, leaving tax to pay at Basic Rate (7.5%) on £2,500.
Unless I'm very much mistaken that makes the answer YES.
Though you're still better off not doing it that way because of CT.Will work inside IR35. Or for food.Comment
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Whoa, calm down guys. You're turning this into mumsnet for contractors. To the OP, SimonMac & Vectra have given you the correct answers. Hope your don't get turned away from the forum because of the tone of others
What I don't get is for the CUK regulars is if it feels like a repeat question, why not just ignore it ?Comment
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Originally posted by jbond007 View PostWhoa, calm down guys. You're turning this into mumsnet for contractors.Comment
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Originally posted by jbond007 View PostWhoa, calm down guys. You're turning this into mumsnet for contractors. To the OP, SimonMac & Vectra have given you the correct answers. Hope your don't get turned away from the forum because of the tone of others
What I don't get is for the CUK regulars is if it feels like a repeat question, why not just ignore it ?
I'd suggest that you PM those sane posters like NorthernladUK or MarillionFan. They do have a lot of experience in such matters.
Hope that helpsComment
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Originally posted by AtW View PostThat's what General has always beenComment
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Originally posted by FatLazyContractor View PostWas this how they trained you in Moscow to behave with 007 ?Comment
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Originally posted by AtW View PostThey did not train me to behave, they trained me to sit on the sofa in my bedsit and eat crisps....What happens in General, stays in General.You know what they say about assumptions!Comment
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Originally posted by AtW View PostThey did not train me to behave, they trained me to sit on the sofa in my bedsit and have a Pot Noodle...Comment
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