Director Income Question

[AlanGuidry]

If my gross income from dividend and salary was just below £50k and then with savings interest takes total gross income to just over £50k would there be a requirement to declare the need to reduce child benefit. I'm not clear as to whether the requirement is income of over £50k gross or net. Obviously once I pay tax on salary, dividend and savings my "net income" is well below the £50k threshold.

 

[UK Contractor Accountant]

https://www.gov.uk/child-benefit-tax-calculator

 

[TheCyclingProgrammer]

It’s based on income before tax, specifically “adjusted net income”:

https://www.gov.uk/guidance/adjusted-net-income