I am having a "bad hair day" with the new rules!
For 2016/2017 would an £11k salary with £50k dividend be: -
£45k of the dividend taxable such that £32k is at basic rate (7.5%) and £13k at higher rate (32.5%); or
£50k taxable such that £5k is at 0%, £27k is as basic rate and thus £18k at higher rate?
All help appreciated - (............or none of the above??.........)!!