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Thanks, interesting - unfortunately it'd be a house for myself
Moving to perm has always been plan b, the oppurtunity so far hasn't come up
I guess the trick I missed and my accountant hadn't highlighted was that the ability to do ER is a major factor on the equivalent level of tax that'll be...
thanks! think umbrella is 20% worse than limited co, I don't mind taking a bit of hit but.. :smile
https://www.contractorumbrella.com/resource/umbrella-paye-calculator/
sure thanks Lance! :happy
if you consider i started contracting under one set of rules and then they changed.. perhaps this offers a different perspective (new 7.5% dividend tax / threshold around 2016).. sure if i started today i'd do things differently.. believe there must be a few...
Hi - am looking for some wisdom, I don't know if anyone here can help
I started contracting 5 years ago in the consulting line of work. My accountant led me into paying myself the minimal (salary and dividend) from my limited company to then benefit from Entreprenueurs Relief when I finish...