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Ideas for saving 100-200k!
Comments
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Best laugh all night. Keep taking the pills mic, you delusioned fool.Be Alert..........Britain needs lerts.0
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paddedjohn wrote: »Best laugh all night. Keep taking the pills mic, you delusioned fool.
It is a great thread! How long can you keep it up for, mlc?
You never did answer the question about how much tax you'll pay this year. By my reckoning over £100K. The tax man is the one guy you don't mess with: I know it's hard to swallow, but if you don't cough up you'll be in the sh*t.0 -
middlepuss wrote: »It is a great thread! How long can you keep it up for, mlc?
: I know it's hard to swallow, but if you don't cough up you'll be in the sh*t.
Sums Mic up really. I think Mic is telling the truth about his income and job . But to earn about 250k in the Mankchester !!!!!! Industry He must have a 4RSE like a hippos yawn, :rotfl::eek::eek::rotfl::cool: hard as nails on the internet . wimp in the real world :cool:0 -
Out of interest what is the advantage of being a plc compared to a sole trader taxwise?
Others will probably be able to answer more comprehensively but any income is within the company not paid to you directly. If you have a bumper year and earn £250k then almost nothing next year as sole trader you'd pay lots of tax first year then none. I believe as company you could pay the income over both years to reduce the tax plus pay dividends to reduce NI payments too.Remember the saying: if it looks too good to be true it almost certainly is.0
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