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20k PA best way to pay
Johncarr87
Posts: 16 Forumite
in Cutting tax
Hi,
What is the best way to pay yourself as a director with £20k PA using a salary and dividends paying theleast tax and also paying NI.
Thanks :T
What is the best way to pay yourself as a director with £20k PA using a salary and dividends paying theleast tax and also paying NI.
Thanks :T
0
Comments
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advice was given about this on your last thread including the changes from April.0
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you have already been given the answer - twice!
https://forums.moneysavingexpert.com/discussion/53838080 -
Oh yea, was still confused and had to clarify, read it back and makes sense now.
10k salary and 10k dividends. In april 2016 it states you get a £5k dividend allowance then have to pay 7.5% on anything extra and £11k personal allowance.. - hence why i asked again
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