managing for tax..

[ringram]

Just doing a theoretical worked example.
Say someone is on 100% dividend income and they are looking to optimise tax this year.
I understand marginal rate at just over £100k due to withdraw of personal allowance is up in the 65% or so range.

Therefore ideally things should be managed to slightly drop under £100k

Would they be right that at £90k when calculating tax hmrc will add the tax credit on grossing up to £99k or thereabouts before doing final calcs?
(ie) Dividend payments (& all other income) for the year should not exceed £90k if you want to avoid losing the personal allowance?

Or have they got that wrong?

Eric?

[Eric Mc]

If a dividend of £90,000 has been paid to the taxpayer, they will be taxed on a Gross Dividend Income of £100,000.

[ringram]

Ok cool thanks