Hello I am new here and also new to the world of contracting so please bear with me. I have just aquired a new contract role with a company working full time. I did originally plan to invoice this company through company I help run with my dad. But the more I look into the tax side of things I am wondering if I should start my own ltd company so that I can pay myself dividends instead of the commission I was planning to pay my self from my dads company after minimum wage and expenses have been paid. I just wondered if there were any other costs I should consider first or if I can still pay myself the dividend through my dads company? Sorry if this confusing.
Thanks
Thanks
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