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Recent content by acted
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Salary sacrifice-car scheme
I understand we may only be on a contract for a short period but a lot of us reading the forum earn good day rates. If forced down using umbrella. giant allow you to save on ni and tax to lease a car. This is a significant saving you could pay the three years lease in say a six months contract...- acted
- Post #3
- Forum: Umbrella Companies
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Salary sacrifice-car scheme
Hi all, I am interested in finding out more about salary sacrifice schemes via umbrella companies that allow you to lease a car and benefit from saving tax and ni. Currently I know GIANT offer this. Has anyone had any experience using the scheme? Do you save employer ni as well as employees...- acted
- Thread
- Replies: 9
- Forum: Umbrella Companies
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Buying property using limited company account
A lot of people on this forum critique buying a property in a limited company. However I believe there are merits for people who are looking to build a property portfolio and regularly earn a lot of money through high contract rates.- acted
- Post #10
- Forum: Accounting / Legal
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Virgin Money Mortgage
Mark, your point about having to have anything other than 6 or 12 month contracts throughout the 2 years history is this true? Looking at the website I thought your current contract had to be six months. Does not say anything about historical contracts as long as you can prove 2 years...- acted
- Post #18
- Forum: Accounting / Legal
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Adding a shareholder and paying them dividends
I dont know what value to place on the shares. I confident I will get the money back. Once in his hands he can gift it back to me. The point of the question is can you do this? has anyone does this? Whats stopping anyone from doing this? Is it not the same concept as having a wife and using...- acted
- Post #3
- Forum: Accounting / Legal
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Adding a shareholder and paying them dividends
I am a contractor that pays dividends until the higher tax rate threshold while paying myself a min salary. I have more money in the company thats building up. I would like to make my father a shareholder of my company and pay him dividends until he reachs the higher tax rate threshold...- acted
- Thread
- Replies: 4
- Forum: Accounting / Legal
