Tag: dividend allowance

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A guide to 2024/25 dividend rates in the UK

All limited companies operating throughout the UK, regardless of their size, should be aware of the 2024/25 dividend rates. This is because there are a whole host of dividend tax rates that affect how much money you can take from your company in the form of dividends. Understanding dividend rates is crucial for ensuring you comply…

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Everything you need to know about paying tax on dividends in 2022/23

Paying tax on dividends in 2022/23 | 4 minute read If you are both a director and a shareholder of a Limited company, one of the most tax-efficient way of earning an income is to pay yourself through a combination of salary and dividends. However, if you do not understand dividend payments or how much…