Originally posted by Master
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Salary / Bonus Query
Collapse
X
-
Consider what your income will be next and subsequent years. If you have turnover that would put you in the higher tax bracket each year, then unless you are amassing reserves in the company for a future capital distribution, it would make sense to take a dividend in this tax year thus utilising your wife's allowances, as at some stage you will have to pay higher rate tax yourself anyway. -
It would be cheaper but not necessarily more sensible.Originally posted by Old Greg View PostQDOS is not a cheap service. Wouldn't it be more sensible for the poster to post any IR35 queries here until he's up and running?
Actually it could prove much more expensive in the long run."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- What does the non-compete clause consultation mean for contractors? Today 07:59
- To escalate or wait? With late payment, even month two is too late Yesterday 07:26
- Signs of IT contractor jobs uplift softened in January 2026 Feb 17 07:37
- ‘Make Work Pay…’ heralds a new era for umbrella company compliance Feb 16 08:23
- Should a new limited company not making much money pay a salary/dividend? Feb 13 08:43
- Blocking the 2025 Loan Charge settlement opportunity from being a genuine opportunity is… HMRC Feb 12 07:41
- How a buyer’s market in UK property for 2026 is contractors’ double-edge sword Feb 11 07:12
- Why PAYE overcharging by HMRC is every contractor’s problem Feb 10 06:26
- Government unveils ‘Umbrella Company Regulations consultation’ Feb 9 05:55
- JSL rules ‘are HMRC’s way to make contractor umbrella company clients give a sh*t where their money goes’ Feb 8 07:42

Comment