Complex to type up, but let’s compare ltd co versus a job, same income.
Take £55,000 as annual business income from clients. Pay yourself an £8,000 salary through paye. Deduct this from income. Multiply the £47,000 by 81% to leave the element post corp tax, which is available for dividends of...
I know this subject well. I can guarantee that you cannot pay as much tax and employees nic as someone stuck in employment (on the same gross income). As for sole traders, don’t believe the tittle tattle scare stories. These will always carry on. The only change coming being quarterly...
This. The severe warnings for SW England, Wales and Scotland couldn’t have been more explicit and were issued days ahead. Contrary to the snowflake noise, Red Warnings have rarely been used. Yet the stubborn still travelled long distances.
Some radio and TV interviewers did gently ask why to...