Cable Forum - View Single Post - UK Economy Emerges From Six-Year Downturn

**Hugh** · 20-08-2014, 20:13

And quite a few self-employed pay themselves a low wage, and then use yearly profits to provide a dividend (at a lower rate of tax).

I know a number of IT Contractors who pay themselves a salary just under the 40% tax bracket, and the rest as a yearly dividend.

20-08-2014, 20:13	#43
Hugh laeva recumbens anguis Cable Forum Team Join Date: Jun 2006 Age: 67 Services: Premiere Collection Posts: 42,099	Re: UK Economy Emerges From Six-Year Downturn And quite a few self-employed pay themselves a low wage, and then use yearly profits to provide a dividend (at a lower rate of tax). I know a number of IT Contractors who pay themselves a salary just under the 40% tax bracket, and the rest as a yearly dividend. __________________ There is always light. If only we’re brave enough to see it. If only we’re brave enough to be it. If my post is in bold and this colour, it's a Moderator Request.