Slight new to this game but have been running a Ltd co. for just over a year now and just wanted to know, when people on this forum talk about running their own Ltd co and having a IR35 compliant contract and this is the best way to be, etc. ... are they drawing a minimum PAYE (directors wage) and then drawing the rest as dividend or are they drawing the whole invoice as PAYE (except for expenses)?
Secondly if I did start to draw my invoice as PAYE (minus expenses) and so draw no dividend then does that mean it doesn't matter if I was IR35 compliant or not?
Secondly if I did start to draw my invoice as PAYE (minus expenses) and so draw no dividend then does that mean it doesn't matter if I was IR35 compliant or not?
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