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…
How much dividend can I take?
Taking dividends is one of the most tax efficient ways to take money from a limited company. But what exactly are dividends and how much can you take? What are dividends? Dividends are the payments made to company shareholders from the business’ profits. So, if the business has made a profit, these earnings can be…