Apologies, if this has been asked elsewhere....
I've been trawling around but haven't found anything...
Just curious what ex-limited company contractors were doing with funds built up in their limited co bank accounts
pre-April 2021 when IR35 took over?
I'd already maxed out my annual SIPP contributions for 19/20, and am using the "salary sacrifice" on my IR35/Umbrella arrangement to
maximise contributions for this financial year.
Is it better just to take a big dividend or just leave the cash "resting"?
(My accountant isn't particularly good for advice on such matters)
thanks
J
I've been trawling around but haven't found anything...
Just curious what ex-limited company contractors were doing with funds built up in their limited co bank accounts
pre-April 2021 when IR35 took over?
I'd already maxed out my annual SIPP contributions for 19/20, and am using the "salary sacrifice" on my IR35/Umbrella arrangement to
maximise contributions for this financial year.
Is it better just to take a big dividend or just leave the cash "resting"?
(My accountant isn't particularly good for advice on such matters)
thanks
J
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