Interested to hear what people do once they top up their SIPP and S&S ISA. At the moment I:
- Pull full dividends up to the lower rate as soon as the tax year begins
- Bosch it straight into a S&S ISA
- Set a small monthly salary to live one
- Invest company funds into a SIPP
It leaves me with a personal cash surplus way above an emergency fund and with inflation so high it seems a bit daft. I've thought about opening a GIA or even maybe an SPV for BTLs but so far have opted to just leave a chunk in Chase earning minimal interest.
In fairness this is more of a personal tax planning question than an accounting one.
- Pull full dividends up to the lower rate as soon as the tax year begins
- Bosch it straight into a S&S ISA
- Set a small monthly salary to live one
- Invest company funds into a SIPP
It leaves me with a personal cash surplus way above an emergency fund and with inflation so high it seems a bit daft. I've thought about opening a GIA or even maybe an SPV for BTLs but so far have opted to just leave a chunk in Chase earning minimal interest.
In fairness this is more of a personal tax planning question than an accounting one.
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