I'm on a zero hours contract at company X who pays me via PAYE. I just worked out what I've earned (gross) this tax year and it's a good amount.
Then I bill all other clients thru my LTD, which is still in its first year of trading so I've not really done anything except save all my documents as I go. Not taken any money out either, as I have my PAYE income for that.
you should take the £8424 from limited per year as salary at least .. rest what @JonoMarshall said plus talk to accountant asap
© LFGSS, powered by microcosm.
Report a problem
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.