Tess Daly winds up production company and walks away with a cool £2.2million | Daily Mail Online
ah great they are still going on about fantasy tax.
Explaining the tax benefits of earning through a personal service company, Mr Sanger added: ‘There will be corporation tax at 20 per cent on earnings within the company and then there will be capital gains tax when it comes to liquidation.
‘But ultimately the amount that a person is taxed through a personal service company will be less than if they were a direct employee. The personal service company doesn’t have to pay national insurance and neither does the employer so they can pass on the saving to the company.’
‘But ultimately the amount that a person is taxed through a personal service company will be less than if they were a direct employee. The personal service company doesn’t have to pay national insurance and neither does the employer so they can pass on the saving to the company.’
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