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  • Contractors could band together as a Ltd, and arbitrarily take any amount of dividends in place of salary, irrespective of contribution.

    Roughly describes how most private non-trivial, non-close LTDs function at the director level?

  • Not so much arbitrarily, I'd have thought?

    I guess the test is whether it's salary as a dividend, versus some other, more valid, non-artificial function.

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