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Taking a dividend .
Laurieo
Posts: 19 Forumite
in Cutting tax
What's the best way for a pensioner (only on a state pension) to take an inherited dividend off £1000 per month ?.
0
Comments
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I'm not sure you have many options, and I think you'll end up paying around £600 a year in tax.
Who's paying the dividend?1 -
How do you mean? What options have you been given as to how to take the dividend? Is it your limited company or have you inherited shares in someone else's, are there different classes of shares giving different dividend rights? Much more information needed as to the detail of the circumstances.Laurieo said:What's the best way for a pensioner (only on a state pension) to take an inherited dividend off £1000 per month ?.1
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