I'll put my hands up, although I am finding new contracts (before COVID19) easy enough, I am feeling a bit stagnent and generally unfulfilled as they are all very samey, identify problem, fix problem, move on. I've had an ambition to move into STL roles and have come to the conclusion that this won't happen as a contractor, so the options is plod on doing the work I am and getting paid well for it.
An opportunity has come up at an ex-client i enjoyed working with and toying with the idea of going for it and using it as a basis for moving into the leadership roles, the pay is "OK" for the North of England, if they start me at the bottom of the pay band it's a non starter but if I can get in towards the top things would be doable with the benefits of holiday & pension etc.
So as well as the things like PDR's, team aways days and office politics, what other practicalities do I need to consider? From an SA point of view moving from a low salary/dividend model to a high salary mid way through a tax year, how bad can it get? The Ltd co will have a good whack of cash in it, but if there is no easy way of taking the money out because my PAYE salary I can't really use it as a method to pay any unexpected tax bill etc.
I'd be keeping MyCo, as I have a few plan B clients which will mean <£1000 a year will still go into the books which will pay to keep things ticking over
An opportunity has come up at an ex-client i enjoyed working with and toying with the idea of going for it and using it as a basis for moving into the leadership roles, the pay is "OK" for the North of England, if they start me at the bottom of the pay band it's a non starter but if I can get in towards the top things would be doable with the benefits of holiday & pension etc.
So as well as the things like PDR's, team aways days and office politics, what other practicalities do I need to consider? From an SA point of view moving from a low salary/dividend model to a high salary mid way through a tax year, how bad can it get? The Ltd co will have a good whack of cash in it, but if there is no easy way of taking the money out because my PAYE salary I can't really use it as a method to pay any unexpected tax bill etc.
I'd be keeping MyCo, as I have a few plan B clients which will mean <£1000 a year will still go into the books which will pay to keep things ticking over
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