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Starting with a nursing agency as ltd, help!
milliemonster
Posts: 3,708 Forumite
Hi
Please see this thread I've posted on another board for info, I think it was in the wrong area. https://forums.moneysavingexpert.com/discussion/comment/62700474#Comment_62700474
I'm essentially joining a nursing agency and have the option of going paye or ltd, if I go ltd they are paying me £4 an hour more than paye and I am expecting to work around 36 hours a month for them on top of my normal job (nhs nurse)
I already use my full tax allowance on my normal job and am a basic rate taxpayer, I don't envisage going over the threshold for higher rate tax.
Can anyone offer any advice?
Please see this thread I've posted on another board for info, I think it was in the wrong area. https://forums.moneysavingexpert.com/discussion/comment/62700474#Comment_62700474
I'm essentially joining a nursing agency and have the option of going paye or ltd, if I go ltd they are paying me £4 an hour more than paye and I am expecting to work around 36 hours a month for them on top of my normal job (nhs nurse)
I already use my full tax allowance on my normal job and am a basic rate taxpayer, I don't envisage going over the threshold for higher rate tax.
Can anyone offer any advice?
Aug GC £63.23/£200, Total Savings £0
0
Comments
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I think you put it in the right place to start with - and I agree with the people over there.
I think going limited will come along with IR35 worries, and if you decide to stop doing the work you'll be stuck with dissolving your company. PAYE looks much better to me, at least to start with.0 -
I agree, that was the right place initially and you've had some good replies over there so I'll lock this one to avoid confusion.Signature removed for peace of mind0
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