How much salary should I pay myself as a Limited Company contractor?
How much salary should I pay myself as a Limited Company contractor? Making the right choice on the level of salary to draw as a Limited Company director and contractor is one of the more important decisions to take. Surprisingly though it’s not just an annual decision, taken at the beginning of each tax year, but […]
Redundancy- can you claim redundancy from your own Limited Company?
Redundancy- can you claim redundancy from your own Limited Company? In the right circumstances a shareholder director / owner of their own Limited Company can claim redundancy payments from the company when they leave the company. Care needs to be taken that the different hats worn as a director and an employee are considered. This […]
Closing your contractor company tax efficiently
Closing your contractor company tax efficiently There are a number of reasons why you may decide that you want to close down your company, and there are several different approaches you can take to make this happen. Choosing the most suitable option for your circumstances can potentially give you significant tax savings. Keeping the company […]