Hi
Me & a colleague have been offered some project based contract work. We will be doing this alongside our permanent jobs in which we both pay tax at the higher rate.
Should we set up a Ltd Company & pay ourselves dividends - there doesn''t seem to be any reason to pay a salary as we receive one already
Also - as the work is project based, with set time scales & achievables are we likely to be able to avoid IR35?
Many Thanks for any assistance
Brett
Also - if we go down the ltd co route acn anyone recommend a good accountant?
Me & a colleague have been offered some project based contract work. We will be doing this alongside our permanent jobs in which we both pay tax at the higher rate.
Should we set up a Ltd Company & pay ourselves dividends - there doesn''t seem to be any reason to pay a salary as we receive one already
Also - as the work is project based, with set time scales & achievables are we likely to be able to avoid IR35?
Many Thanks for any assistance
Brett
Also - if we go down the ltd co route acn anyone recommend a good accountant?
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