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I am thinking of starting a SIPP..can anybody tell me if the table below is correct? It would seem that paying £1000 p/m into a pension direct from the company will cost me roughly £800 p/m less in my hand.
Director with 12k Salary + 12k Pension & Secretary 5k Salary
MakeUp of Invoice...
Hi
Previously it was 1 share each of a different type. Via a Management company.
I then went solo and got myself an accountant who advised me to split the company into 100 shares and divide them 60/40. Which is what I have done.
It might well be a bit dodgy I suppose but I cant see how this...
Ok I have a similar scenario myself. I have employed my wife as an administrator - she has no other income, and am paying her 5k and up until a few weeks ago our Div split was 85/15.
I changed this to 60/40 once I had heard about the arctic systems case.
However I am now on the verge of the...