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Contractor Pension

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    #11
    Originally posted by Clare@InTouch View Post
    Paying into a pension can affect your take home pay because the gross value of the contribution increases your basic rate tax band. Pay £8,000 into a pension and instead of paying 40% tax at £41,450 you'll pay 40% at £51,450. An extra £10k at 20%.

    You'd save more all round if you just went Limited of course


    Btw - Tasslehoff, there's a blast from the past! Dragons


    Affect vs. Effect Grammar Rules

    (saving FaQQer the bother...!)

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      #12
      Originally posted by mudskipper View Post


      Affect vs. Effect Grammar Rules

      (saving FaQQer the bother...!)
      Darn it. It's one of those stupid things I always get wrong, like Left and Right.
      ContractorUK Best Forum Adviser 2013

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        #13
        Originally posted by northernladuk View Post
        The OP appears to have some of the characteristics of a Kender.
        Diving and now dragons, two superb examples of good taste in a week
        ContractorUK Best Forum Adviser 2013

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          #14
          Originally posted by Clare@InTouch View Post
          Diving and now dragons, two superb examples of good taste in a week
          Sounds like a Saturday night out in Halifax that...
          'CUK forum personality of 2011 - Winner - Yes really!!!!

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            #15
            Originally posted by northernladuk View Post
            Sounds like a Saturday night out in Halifax that...
            I don't know whether to laugh or be worried

            Not sure that second smiley is entirely appropriate now either
            ContractorUK Best Forum Adviser 2013

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