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Recent content by MagicMan

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    Special Case PAYE/Composite Co Question

    Addon: Following this period I will be operating through a Composite Co or run a Ltd Co solution expected to be outside of IR35. Is there any benefit from starting the Ltd Co this FY or waiting until April considering that this year is a low tax rate year? Is there a free software or online...
  2. M

    Special Case PAYE/Composite Co Question

    Scenario: Working for 16 weeks only per financial year (i.e. the reminder of 06/07) at an hourly rate of £40 (Composite Company usage) or £36 (PAYE contract) and 40h per week. No other income is generated during that year. No expenses are claimed. Question: What is the better choice: PAYE...

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