I have been offered a permanent role where I am currently contracting on a package that is as far as I can work out (Ir35calc) equivalent to my contract even inside IR35. I am likely to accept this and can't believe they matched my salary expectations.
However whilst I have been contracting I have built up a large sum in my company accounts. As I have had a couple of quiet periods in the last few years and previously used this money to keep me going!
Can anyone advise the most tax effecient way to get money out of company. I know I may have left it too late but I had thought about - Making myself redundant? and putting a large contribution into a pension. Not sure the legalities etc. Any help appreiciated.
However whilst I have been contracting I have built up a large sum in my company accounts. As I have had a couple of quiet periods in the last few years and previously used this money to keep me going!
Can anyone advise the most tax effecient way to get money out of company. I know I may have left it too late but I had thought about - Making myself redundant? and putting a large contribution into a pension. Not sure the legalities etc. Any help appreiciated.
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