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you should take the £8424 from limited per year as salary at least .. rest what @JonoMarshall said plus talk to accountant asap
you should take the £8424 from limited per year as salary at least .. rest what @JonoMarshall said plus talk to accountant asap
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amey
I'm on a zero hours contract at company X who pays me via PAYE. I just worked out what I've earned (gross) this tax year and it's a good amount.
Then I bill all other clients thru my LTD, which is still in its first year of trading so I've not really done anything except save all my documents as I go. Not taken any money out either, as I have my PAYE income for that.