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*Confused* help please: Minimising tax on a one-off payment of 50K
shinyuk
Posts: 15 Forumite
in Cutting tax
I'm a PAYE employee in the 40% bracket. I am also doing some part-time consulting work and expect to get an additional lump-sum payment of 50K this tax year. I also have a dormant ltd company.
Would it be best to revive the ltd company and receive payment through that or
Is there another, tax efficient way to get paid?
Thx In advance
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