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dd

  • Posts: 2623
Re: Should I register as a ltd company
« Reply #20 on: July 16, 2017, 01:58:20 pm »
The 5k dividend allowance is being reduced to 2k next tax year.
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Marc Stock

Re: Should I register as a ltd company
« Reply #21 on: July 16, 2017, 02:35:46 pm »
Quote from: dd on July 16, 2017, 01:58:20 pm
The 5k dividend allowance is being reduced to 2k next tax year.

Its being halved to £2.5k  so ill add my wife as a director. Plus personal allowances are going up from £11500 to £12000 so we will just increase our salary to £12k each.
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dd

  • Posts: 2623
Re: Should I register as a ltd company
« Reply #22 on: July 16, 2017, 04:56:39 pm »
No, according to government website it is being reduced to 2k.
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8weekly

Re: Should I register as a ltd company
« Reply #23 on: July 16, 2017, 05:31:32 pm »
Quote from: dd on July 16, 2017, 04:56:39 pm
No, according to government website it is being reduced to 2k.
Whichever, it makes the benefit of going limited very limited now.
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Marc Stock

Re: Should I register as a ltd company
« Reply #24 on: July 16, 2017, 07:08:46 pm »
I stand corrected.

2,000 it is.

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