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| *Ostroff, Fair and Company>>>United Kingdom Taxes |
How can i avoid paying tax on dividends? |
How can i avoid paying tax on dividends? It depends on how you receive the dividends. If it's done through a third party, e.g. one of the online brokers, then they will automatically deduct the tax. This will happen even if the shares are held in an ISA, one of the other enswers was wrong on this point. If you hold the shares directly, e.g. in a private company, then you will receive the dividends gross and it is up to you to declare them on your tax return. Consult with an accountant to clarify your own circumstances but note that tax avoidance is legal but tax evasion is not. Not sure read some tips on it on this site this will help you-free useful articles and tips on almost any topic-http://www.free-articles.blogspot.com... If you're a share holder, you have no choice If you're a company director being paid dividends, you don't pay tax on them anyway! I do not think that is possible. You will pay one way or another. Not at all surprised to see such question from a Mohammad ! Typical stinginess ~! Pay your Taxes you A S S H O L E !!!! I assume you're talking about shares? Avoid. No, minimise, yes! Have a look at the link I provide which talks in general terms about share dividends. I would suggest you talk to your accountant or tax adviser about minimising tax. |
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