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Take contractor invoice as PAYE

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    Take contractor invoice as PAYE

    A perm employee on £100K a year gross, takes home around £65K net.

    As a contractor on £100K, if I choose to take the whole lot as salary, ie £8,333 a month, do I have to pay any corporation tax?

    Effectively my question is: Is corp tax based on revenue or revenue - salary?

    #2
    Please read the first timers guides.

    There is one to your right -->

    Once you have come back and ask a sensible question.
    "You’re just a bad memory who doesn’t know when to go away" JR

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      #3
      Originally posted by smileyface View Post
      A perm employee on £100K a year gross, takes home around £65K net.

      As a contractor on £100K, if I choose to take the whole lot as salary, ie £8,333 a month, do I have to pay any corporation tax?

      Effectively my question is: Is corp tax based on revenue or revenue - salary?
      Buy gold bullion - tax is for the little people - mums the word though

      HTH
      How fortunate for governments that the people they administer don't think

      Comment


        #4
        Originally posted by smileyface View Post
        A perm employee on £100K a year gross, takes home around £65K net.

        As a contractor on £100K, if I choose to take the whole lot as salary, ie £8,333 a month, do I have to pay any corporation tax?

        Effectively my question is: Is corp tax based on revenue or revenue - salary?
        Oh dear, and in General too....

        Thickest question of year?

        Comment


          #5
          'CUK forum personality of 2011 - Winner - Yes really!!!!

          Comment


            #6
            Originally posted by smileyface View Post
            A perm employee on £100K a year gross, takes home around £65K net.

            As a contractor on £100K, if I choose to take the whole lot as salary, ie £8,333 a month, do I have to pay any corporation tax?

            Effectively my question is: Is corp tax based on revenue or revenue - salary?
            Your agent is responsible for paying your tax. What you are paid, you keep.
            "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

            Comment


              #7
              Originally posted by northernladuk View Post
              You've gone all polite.
              "You’re just a bad memory who doesn’t know when to go away" JR

              Comment


                #8
                You Keep What You Kill.

                HTH

                MarillionFan

                Comment


                  #9
                  Originally posted by SueEllen View Post
                  You've gone all polite.
                  I just don't know what to say to this one......
                  'CUK forum personality of 2011 - Winner - Yes really!!!!

                  Comment


                    #10
                    Originally posted by northernladuk View Post
                    I just don't know what to say to this one......
                    Something more like this....?

                    Comment

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