That's pretty much correct. Dividends are tax free (at least in the UK) and you can structure things so your corporation tax is minimised (maximising various allowances, taking a cut of VAT you charge, buying lots of…
The other way around this is to simply not pay yourself everything your company is earning. If you have a long contract you can make up a big enough buffer in your business account so you can go months without any…
As a devops contractor I earn north of 500gbp/day and I have a 1 year contract. Imagining I take a week or two off this year then that works out to about 200k usd How to achieve this? Find a gap in the market, upskill…
That's pretty much correct. Dividends are tax free (at least in the UK) and you can structure things so your corporation tax is minimised (maximising various allowances, taking a cut of VAT you charge, buying lots of…
The other way around this is to simply not pay yourself everything your company is earning. If you have a long contract you can make up a big enough buffer in your business account so you can go months without any…
As a devops contractor I earn north of 500gbp/day and I have a 1 year contract. Imagining I take a week or two off this year then that works out to about 200k usd How to achieve this? Find a gap in the market, upskill…