As I am not taking any dividends next year because the communist HMRC have forced me to be an employee. I will not be taking any more dividends in the 32% tax bracket this year, instead. I will wait until April and then take them at 7%, as my income will be stolen before I receive it next year, I will not be taking any new dividends. Should save a few £1000 in tax. I'd rather burn the money than give it to HMRC.
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Taking dividends next year
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Except the 1st £2k of dividends how are you going to avoid paying tax at 32% while working under PAYE?merely at clientco for the entertainment -
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Originally posted by PeterSim View PostThought I had the thieves there, I was wrongmerely at clientco for the entertainmentComment
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I am a libertarian, i have always thought that taxation is theft, even before I started contracting. But now I think it even more so. If you want me to stop posting here, then I can do that. No problem.
Taxation as theft - WikipediaComment
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Originally posted by TwoWolves View PostA spouse on the board could take dividends if they are not working, surely?"Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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