moopmoop

3 ms·

1. 1.▲
   by moopmoop 13y ago

   That's pretty much correct. Dividends are tax free (at least in the UK) and you can structure things so your corporation tax is minimised (maximising various allowances, taking a cut of VAT you charge, buying lots of equipment, etc etc
2. 2.▲
   by moopmoop 13y ago

   The other way around this is to simply not pay yourself everything your company is earning. If you have a long contract you can make up a big enough buffer in your business account so you can go months without any business income and still
3. 3.▲
   by moopmoop 13y ago

   As a devops contractor I earn north of 500gbp/day and I have a 1 year contract. Imagining I take a week or two off this year then that works out to about 200k usd How to achieve this? Find a gap in the market, upskill in it, don't