• I think I might be doing freelancing wrong. I got the impression that you pay a bit less tax than under PAYE, but as far as I can tell I'll be paying more.

    I'm a limited company, and I'll have to pay 19% corporation tax + income tax on the rest, right? Or am I missing something staggeringly obvious?

  • this is exactly what i found as a LTD company , plus the cost of an accountant too as i couldnt figure it all out myself.

    never again as a single person LTD company.

  • am I missing something staggeringly obvious

    Company pension contributions to your personal pension.


    If you have another source of income you can chose to take earnings from year X in year Y when maybe you don't have the other source of income anymore.