Author Topic: april bonus!!  (Read 2621 times)

Offline neg

  • I live here
  • *****
  • Posts: 927
Re: april bonus!!
« Reply #10 on: 02 April 2008, 23:52 »
I dont get a bonus but i did pay myself an £8k dividend this month  :smiley:
Unfortunetly, most of that has been spent.
Got a new 52" LCD TV, new amp, new floorstanding speakers and bluray

The car will have to wait  :embarassed:

Not forgetting the tax mans cut !

Offline maxamus

  • I live here
  • *****
  • Posts: 1,221
Re: april bonus!!
« Reply #11 on: 03 April 2008, 11:12 »
I dont get a bonus but i did pay myself an £8k dividend this month  :smiley:
Unfortunetly, most of that has been spent.
Got a new 52" LCD TV, new amp, new floorstanding speakers and bluray

The car will have to wait  :embarassed:

Not forgetting the tax mans cut !

That was after the 20% for the tax man   :sad:

Offline MikeGTI

  • GTI forum regular
  • ***
  • Posts: 214
Re: april bonus!!
« Reply #12 on: 03 April 2008, 11:40 »
Don't expect sympathy here Maxamus  :smiley: Getting away with paying just 20% Tax because your paying yourself a dividend instead of PAYE.

I've got to pay 40% tax on my entire bonus in June, now thats soul destroying  :sad:

Offline maxamus

  • I live here
  • *****
  • Posts: 1,221
Re: april bonus!!
« Reply #13 on: 03 April 2008, 12:13 »
I've got to pay 40% tax on my entire bonus in June, now thats soul destroying  :sad:

Been there mate!
Thats why i went self-employed so i can keep more of my own money and less for the fookin gov