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Dividend and tax strategies

For many freelancers and contractors with their own limited companies, dividend payments coupled with a basic salary are an effective and tax efficient way to maximise earnings.

Dividends are the sums of money paid out by a limited company to its shareholders. HMRC sets the tax rate on all dividends received. These sums are calculated from the profits the company has made – i.e. the money the company has left after paying all business expenses and taxes.

How ...

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