Using Multiple companies for tax avoidance. - Contractor UK Bulletin Board

Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

2uk replied

3 December 2007, 23:11
Originally posted by TheFaQQer View Post

That doesn't make it any less true though.

See how you are pushing me to pay off-shore consultants big bucks to enlighten me about using offshore Cos. It is all your fault
Leave a comment:
TheFaQQer replied

3 December 2007, 22:58
Originally posted by 2uk View Post

Don't tell me corp tax is flat ( 20 % ? ) and the divident treshhold ( the one where u start paying 25 or so % ) is on a personal basis rather than per company ?

OK, I won't.

That doesn't make it any less true though.
Leave a comment:
2uk started a topic Using Multiple companies for tax avoidance.

3 December 2007, 22:41
Using Multiple companies for tax avoidance.

What if you use multiple companies for your contracts . As soon as company’s Corp Tax /dividends are making you paying the higher band tax , you simply do the next contracts ( provided you do about 3 -4 contracts per year ) using the other company ?

Don't tell me corp tax is flat ( 20 % ? ) and the divident treshhold ( the one where u start paying 25 or so % ) is on a personal basis rather than per company ?

Last edited by 2uk; 3 December 2007, 22:44.
Tags: None

Working...

X