Do I really pay less tax as a limited company

[PerfectStorm]

Glad it's working out for you. Hard as it is to answer the "how much money am I actually going to make" question until you've done a year and all your accounts etc, hopefully what you've seen so far is positive

[ItRYmyBEst]

Maybe in Apr 2016 its time to switch to Permie with new dividend tax??

[northernladuk]

Maybe in Apr 2016 its time to switch to Permie with new dividend tax??

It appears so.

[LondonManc]

It appears so.

On a more serious note, has anyone run the number on the comparison between dividend tax increases and corporation tax decreases and where it leaves us?

[SlipTheJab]

Maybe in Apr 2016 its time to switch to Permie with new dividend tax??

so 2k-ish a yr extra to Gideon sends you back permie, YANCOTBAC,

[northernladuk]

On a more serious note, has anyone run the number on the comparison between dividend tax increases and corporation tax decreases and where it leaves us?

There are some calcs in the threads in response to the other knee jerk posts I believe. STJ as summarised it nice and simply.

[LondonManc]

There are some calcs in the threads in response to the other knee jerk posts I believe. STJ as summarised it nice and simply.

I'm just thinking with all the T&S and other stuff that could kick in, can I be bothered staying ltd if it saves only one or two grand a year?

[gables]

Operating through their own ltd company doesn't suit everyone of course eg those workers who are on very short term contracts, those earning low incomes and those who simply cant be bothered with the hassle of owning a ltd company. So to operate via an Umbrella or operate as a Sole Trader are other options available.

But operating as a Sole trader via agencies isn't an option though is it?

[LondonManc]

But operating as a Sole trader via agencies isn't an option though is it?

Some don't like you going through Umbrella Companies either (no idea why)

[gables]

Some don't like you going through Umbrella Companies either (no idea why)

That does sound daft, the sole trader option seems to be discounted due to some legislation.