• 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!

10p tax fiasco

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #21
    Originally posted by Platypus View Post
    eh? No tax to pay on 5000 though is there?

    And no evidence that people paying themselves this minimum are more likely to be investigated.



    My accountant advises to pay the minimum wage so my salary is approximately 10,500 pounds. Paying only 5,000 pounds is taking a risk of investigation IMO.

    Comment


      #22
      Originally posted by Cyberman View Post
      My accountant advises to pay the minimum wage so my salary is approximately 10,500 pounds. Paying only 5,000 pounds is taking a risk of investigation IMO.
      The Minimum Wage Compliance Unit or whatever they're called would no doubt be interested...

      Comment


        #23
        Originally posted by Cyberman View Post
        My accountant advises to pay the minimum wage so my salary is approximately 10,500 pounds. Paying only 5,000 pounds is taking a risk of investigation IMO.
        I recall that directors are exempt from minimum wage legislation ...

        Comment


          #24
          Funny how this only became an issue once Gordo was out of the country?

          Why didnt these spineless twats kick up a stink a year ago (this is from the budget a year ago isnt it) instead of waiting for their dear leader to p1ss off overseas?

          Mailman

          Comment

          Working...
          X