u/Potential-Apricot479

Hi all,

Due to start outside IR35 next month and wondering how best to plan / take income with being part way through the tax year

I’ve currently earned just shy of 30k PAYE and I’ve paid 6.5k tax and 1.4k NI (I make some of this already in the 40% bracket). I’m due to earn another 4k ish PAYE before the invoices start coming in

Whats my best option here? I’m thinking take PAYE from my Ltd at 1k a month and top the rest up with dividends to 50k or just over, how much more do you think I can take in dividends not all at 40% tax

Thanks

Hi,

I’m looking to make the jump to contract on an outside role. Surrounded by colleagues who are self employed and I’m sure I’m capable - I potentially have a contract lined up but in case that goes pear shaped.

Who are the best agencies to speak to? Is it industry dependant?

Thank