One off lump sum earning

LillyNar

I am about to earn a lump sum of money for getting an investor for a large scale property investment project I assisted on in Europe - the amount will be around £250,000 and I don't anticipate that I will earn anything like that again in one tax year. This isn't my normal job - I earn an employed salary of £28,000 a year in a totally unrelated profession, and a few extra thousand a year from self employed work. I intend to remain in my current job on the same salary. I am a citizen of an EU country yet work and live in the UK. The transaction will be made in Euros.
I am unsure how I should receive this money to ensure that I don't end up paying a huge amount of tax. What is the most sensible way for me to receive this money? I have considered setting up a company where I am Director so am open to ideas.

CKhalvashi

Before April, limited company

After April, it will depend how much you need per year. 20% tax will become payable immediately on the profit, and you can withdraw this at your normal tax rate, or re-invest.

MDMD

Make sure the contracts are correctly structured so that there is nothing in there that could leave you open to challenge from anyone. Some time with a solicitor and an accountant will be worthwhile, especially given the sums involved.

TheCyclingProgrammer

Honestly, for that amount of money, not only can you afford to pay an accountant for their advice, but that's exactly what you ought to be doing rather than relying on the advice of strangers on the Internet. It's not exactly a small sum of money.