Readers’ question: I am a shareholder in a limited company and receive dividends as payment each month. I am being taxed by the company at 20% as corporation tax before they pay the dividend and then paying up to 32.5% tax as I am a higher bracket taxpayer. So, on the majority of the dividend, I am paying 52.5% tax – is this correct?
Categories
- News
- Ask the Experts
- Top Guides
- Starting Up
- Company Guides
- Sole Trader Guides
- Tax / Accounts
- Business Expenses
- Business Finance
- Payments
- Grow a Business
- Contracting Guides
- Insurance
- Legal
- HR / Staff Management
- Success Stories
- Small Business Funding
- Franchising
- Small Business Marketing
- Small Business Ideas
Our Partners
Hiscox Business Insurance
Tailor your policy from Hiscox
to suit your business needs
Freelancer Financials
Company Director? Borrow up to 5 x your income for your mortgage
Looking to hire for IT jobs?
Find great candidates at Technojobs
Starling Business Banking
The bank account built to help UK-based businesses do their banking on the go. Apply in minutes.
Healthcare insurance
Health Insurance for Contractors from WPA - protect yourself and your business
Life Coaching
Coaching workshops on topics relevant to your small businesses.
