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	<title>HRBS.biz &#124; Fixed Fee Accountants &#124; Free Guides &#124; Save Tax &#124; VAT Advice &#124; Self Employment Help&#187; taxable profit</title>
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	<description>Tips and hints for new and growing businesses from HRBS ~ fixed fee pro-active accountants and business advisors</description>
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		<title>Maximise use of your basic rate tax band</title>
		<link>http://tips.hrbs.biz/limited-company/maximise-use-of-your-basic-rate-tax-band/</link>
		<comments>http://tips.hrbs.biz/limited-company/maximise-use-of-your-basic-rate-tax-band/#comments</comments>
		<pubDate>Wed, 11 Jul 2007 23:00:51 +0000</pubDate>
		<dc:creator>Keith</dc:creator>
				<category><![CDATA[Limited Company]]></category>
		<category><![CDATA[Tax Saving]]></category>
		<category><![CDATA[basic rate tax]]></category>
		<category><![CDATA[corporation tax]]></category>
		<category><![CDATA[director]]></category>
		<category><![CDATA[dividends]]></category>
		<category><![CDATA[profit]]></category>
		<category><![CDATA[shareholder]]></category>
		<category><![CDATA[Tax Planning]]></category>
		<category><![CDATA[tax voucher]]></category>
		<category><![CDATA[taxable profit]]></category>

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		<description><![CDATA[We recommend to all our clients that they maximise the use of their basic rate band. This can be done by declaring interim dividends to take total taxable income upto the maximum at which the basic rate will still apply.

As dividends have a 10% tax credit attached, this tax credit can be used to effectively pay your personal tax liability on the dividend.]]></description>
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