What are my wages as the director of a private limited company?
If you’ve decided that 2019 is the year you will become a contractor, congratulations. Following the excitement of setting up your own company and choosing which contracts you want to work on, you’ll probably start to think about how you [...]
Salaries and Dividends – how to make the most out of your limited company
Salaries and dividends - how to make the most out of your limited companyWorking as a contractor opens up new avenues and offers you the chance to increase your skillset. By choosing to work through your own limited company you [...]
Dividend Waivers
The benefit of a ltd company is that the owners can decide how this split is made up and this split makes a big difference from a tax perspective. Salary is taxed at a higher rate than dividends and therefore most contractors will pay a low salary and higher amount of dividends […]