View Single Post
  #9 (permalink)  
Old 29th, March 2008, 04:03 PM
Raju Raju is offline
Fantastic Member
 
Join Date: Mar 2007
Posts: 109
Default Re: Actual salary of locums and tax questions!!

Quote:
Originally Posted by johnep View Post
Or there is Modi who specialise in locums. If you become Ltd company can pay yourself minimum wage and take rest in dividends which are taxed at 19%.
johnep
Dividends are taxed at 10% for a basic rate taxpayer.

It's corporation tax which is 19%, which are excess profits of your Ltd company, only payable over £10k.
Reply With Quote