Re: IR35
" ... advised me at the time when IR35 was introduced to up my nominal salary ..."
My accountant recommended the same; which I did. PAYE review (and still-running IR35 questions) happened anyway. I have good contracts however and my working practices should put me outside. Once the investigation is over, f/ck them. I'm taking the salary back down to the minimum.
As for the "if you don't take all your deemed salary out as salary otherwise you'll be subject to double taxation" comment (from an accountant) :
How? What extra tax would I pay subsequently taking that money out of the company as a dividend that hasn't already been paid for as part of the IR35 deemed-salary payments?
" ... advised me at the time when IR35 was introduced to up my nominal salary ..."
My accountant recommended the same; which I did. PAYE review (and still-running IR35 questions) happened anyway. I have good contracts however and my working practices should put me outside. Once the investigation is over, f/ck them. I'm taking the salary back down to the minimum.
As for the "if you don't take all your deemed salary out as salary otherwise you'll be subject to double taxation" comment (from an accountant) :
How? What extra tax would I pay subsequently taking that money out of the company as a dividend that hasn't already been paid for as part of the IR35 deemed-salary payments?
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