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A reasonable balanced article on the Dividend and other tax changes

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    #11
    Originally posted by Jog On View Post
    Should that read £5875?
    Nope It's £10000 salary directly extracted from the company
    + £32700 after corporate tax (which is £40875 before corporation tax is paid).
    merely at clientco for the entertainment

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      #12
      Originally posted by eek View Post
      Nope It's £10000 salary directly extracted from the company
      + £32700 after corporate tax (which is £40875 before corporation tax is paid).
      Isn't that £10800 salary next year?
      Join IPSE

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        #13
        Originally posted by Alias View Post
        Isn't that £10800 salary next year?
        Yep. I had done the calculation by then and I knew the starting rate was wrong. But the OP said £10000 so I stuck to that.

        Also many people may be taking less as once NI starts being paid the calculations become hard work..
        merely at clientco for the entertainment

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