For dividends payed after April 6, 2016 the 10% tax credit is abolished. So there is no concept of different gross and net dividends. Correct?
So the dividend voucher just says dividend payable (the terms gross or net or tax credit are not present). Does this sound fine?
And the "dividend payable" on the voucher is the amount going out of the company account and into the personal account.
Earnings = "dividend payable" + gross salary
Ok? Hope there have been no cases of case workers not being aware of these recent changes introduced for dividends HMRC.
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