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We all know all that thanks. They're clearly equivalent....
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The term "salary sacrifice" describes a contractual arrangement to do what directors are able to do an an ad-hoc basis, i.e. make direct payments from the business to a pension, does it not?
It seems inconceivable the changes would target that particular arrangement alone, rather...
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Bloody hell, that sounds like very bad news for contractors.
So someone taking 12k salary, 38k dividends and putting the rest in a sipp would take a 23% hit on that.
So 7k in extra taxes for someone paying out 80k and splitting it 12/38/30.
Plus another 3k if this...
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9 September 2020
- 11:43 - Networker2017 clicked Likes for this node: State of the Market by ittony
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