Our website uses cookies to store information on your computer. You may delete and block all cookies from this site, but parts of the site will not work as a result. Find out more about how we use cookies.
(Accept cookies and do not show this message again)

Shout99.com - Freelancers Outside IR35

To Print this page select Print from the File menu.
Please use your browser Back button to return to Shout99.com

Shout99

Retained profit
by exbrm at 12:12 21/07/14 (Ask-Legal-Accounting)
MyCo has been doing well over the last few years so it is accruing monies which I don't need to spend just yet. As I see it MyCo pays the CT on the profit but I don't take the dosh - why pay 40% income tax on it to put it in an ISA @1.8% interest? Are there any rules or limits on doing this?
--
exbrm


This article was printed from Shout99.com
Copyright 1999-2015 Shout99 Ltd
All Rights Reserved