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On £50,000 Income Pay Only 7.5% Tax

As an individual, you can now pay only 7.5% of personal tax on the income of up to £50,000 In this video, you will find the two plans we discussed thoroughly. We explain the basics in deciding between paying yourself salary or awarding dividends from your limited company for the tax year. Your personal circumstances will dictate the exact levels and if your finances are complicated you should seek professional advice.