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by King_tier1
Wed Feb 06, 2013 3:45 pm
Forum: UK Tier 1 (General) Visas
Topic: Gross Dividend vs Net Dividend
Replies: 12
Views: 2110

If you are earning 3000 after VAT. Say from that if you take gross salary as 600 and monthly expenses as 100, Accountancy fees as 100. Then remaining amount would be: 2200 (Profits to the company) Corporation tax: 462 Gross Dividends = Profits - Corporation tax = 1738 Tax credit on Gross Dividends ...