Do I have this dividends thing worked out?

[Extra 300 Driver]

So I can take a salary of £8150, or my personal allowance and a dividend of £34,350 taxed at 10% but with a tax credit of 10%.

[Extra 300 Driver]

Eric Mc said:

Pay a GROSS dividend of £34,995. This equates to an actual cash dividend amount drawn from the company of £31,495.

Because your income levels remain below the higher rate tax threshold, HMRC will not ask you to pay ANY Income Tax on the £31,495 dividend received.

Why the difference between the two, sorry for being thick!

The business has done well over the past year and I need to think about getting funds out of the business. I draw a small salary through our PAYE but pay no TAX and little NI on it.Obviously the business is going to have to pay corp tax on profits but I want to reduce my tax to a low as possible. Of course I will discuss this with my bean counter but I was just interested in a heads up!