Having a limited company, is the most tax-efficient way to work when contracting. As a shareholder and director you can draw income as a combination of salary & dividends reducing your overall tax burden.
Although a limited company option is the most tax efficient you should consider the admin involved, frequently complex tedious and extremely time consuming. Without the right software and experience, your company’s statutory documents can’t be submitted easily, which may lead to unwanted penalties if left uncheck.
Our Executive package gives you all the control, without any of the headaches.