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So if I am the one who earns all the money and the company only has one shareholder and all the money goes to my pension (minus minimum salary),
Presumably, I can then argue the contribution is "whole and exclusively incurred for the benefit of the company's trade".
CT is reduced......?
I am an IT contractor operating through a one man Ltd company. I am about to go into an IR35 caught contract for a few months and am planing the tax implication.
In order to minimise the overall tax hit of this particular contract, could I pay a minimal salary (~ £7k) just to avoid NIC and...