Still gathering requirements...
Seeking salary advice
I am hoping to gain some advice on my salary/dividends.
This financial year apr 2011 - apr 2012 I have had 2 PAYE jobs for a total of 5 months. I have just started contracting in October and setup my own limited company.
I have earnt over the tax free allowance.
I wanted to ask for advice on whether I should pay myself a minimum wage salary upto April 2012 or just take dividends upto April 2012
Is there a better way to reduce my tax bills?
P.s I am not interested in offshore structures or loan structures thanks.