When this issue has been broached posters have been referred to previous postings. I have looked at those previous postings and can't find an answer.
What I want is an explanation of the mechanics that make limited company approach more lucrative than the umbrella approach.
To make matters simple, I would like to address the model that pay 100% salary and 0% dividends.
Is the 5% that is deducted as expenses to cover accountancy and similar direct costs, or is the 5% an additional benefit that doesn't need to be quantified?
Is there anywhere where an illustration of the two models can be viewed side by side?
What I want is an explanation of the mechanics that make limited company approach more lucrative than the umbrella approach.
To make matters simple, I would like to address the model that pay 100% salary and 0% dividends.
Is the 5% that is deducted as expenses to cover accountancy and similar direct costs, or is the 5% an additional benefit that doesn't need to be quantified?
Is there anywhere where an illustration of the two models can be viewed side by side?
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