Damo_hall:
But there is a lot of tax you can save running through a LTD company over Paye so it seems… I would be paying myself a basic wage then taking the rest out As dividends which is 7.5% after 5000 pound.If i am wrong someone fill me in…
That £5000 is being cut to £2000 as from April 2018, which may have a significant effect on your sums.
Don’t forget that in order to pay you a dividend, your company first has to generate a profit - which will be taxed at the 20% corporation tax rate before you get your hands on it.
Sent from my SM-G920F using Tapatalk