Reply to post: Re: Dilemma

IT salary not enough? Want to make £10,000 a DAY?

Dr Dan Holdsworth

Re: Dilemma

Ah no, because you will be trading as a limited company when you do the work and being a canny consultant, you will not be leaving very much money in the limited company from day to day. Your company will pay its sole employee a salary sufficient to satisfy National Insurance and all other payments will be as company dividends. No UK tax obligations will be evaded, but any that are not compulsory will be avoided.

Should the company be sued, the court is perfectly welcome to fight over the thruppence ha'penny that the company coffers contain.

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