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Best to pay no salary?

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    #21
    Originally posted by Craig@Clarity View Post
    Either way, HMRC get their ~ 20%......
    Damn, the house always wins.

    I wonder why this affect us mere mortals while billionaires moonwalk out of these traps

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      #22
      I'm kind of in the same boat, I haven't paid myself a salary in 24/25, but I'm thinking perhaps I should. Corp tax is gonna be a big old amount and it'd be good to get it down slightly. I've only taken about 15k in dividends as well.

      I plan to MVL and take advantage of the 14% BADR rate before it increases and it seems to make sense to leave as much money in the company coffers as possible.

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        #23
        Originally posted by Olly View Post

        £60K is the max you can put into a pension and still get tax relief on it - used to be £40k
        Unless you have carry over from previous years you can factor into it?

        just seen that had been covered!

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