Guides

Dividend guide for small businesses and contractors

Note – This guide was last updated on 07 April 2013 for the 2013/14 tax year
Being able to pay yourself in the form of dividends is one of the best perks of working through your own limited company but it comes with a few confusing areas that need to be understood to stay on the right side of HMRC.This six part guide aims to help readers understand the advantages of dividends, how to calculate the tax due and what the Companies Act legal requirements are when paying yourself.