Pay Yourself

New Tax Year Dividend thresholds

How much tax do I pay on dividends? In the 2017/18 tax year, you will still receive a tax free allowance for dividends amounting to £5,000. From 6th April 2017, the personal allowance increases to £11,500. If you choose to take a salary of £8,164 (£680.33 per month) during the 2017/18 tax y...

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