Budget changes re 10% band

We haven’t yet fully assimilated the effect of the revised 2008-09 personal allowances following the House of Commons revolt over the loss of the 10% tax band.We hope to have our www site updated, ans issue revised guidance to clients on salary levels, etc, in...

Dividends, salary and taxes

The question was put:I’m still a bit new to this ltd co. thing and I still don’t understand the tax implications of dividends and salary.My simple understanding is that the salary is drawn up to the maximum personal allowance and the rest in dividends up...