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Tax allowance

2 replies

Amoregentlemanlikemanner · 17/02/2019 11:29

Am I right in thinking that if you earn the following this year
£8000salary
£2000 dividend
£1000 rental income

You don’t pay any tax or ni?

Happy to pay tax but at present I think I’m paying as much as an employee without an employees benefits...

OP posts:
Comefromaway · 17/02/2019 16:18

Assuming a personal allowance of 11850 then you shouldn’t be paying tax (unless there are benefits in kind you haven’t mentioned).

Amoregentlemanlikemanner · 17/02/2019 18:19

many thanks. just wanted to check I'd grasped it (or at least some of it....!)

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