I am in the lucky position of having retired early, and have been approached to go back "one last time". I should be able to command a large fee, but don't want to give any more than neccesary to George.. at least not immediately.. I also have quite a bit of unused annual pension contribution (and have not started cashing-in any pension) SO here is the question.
Can I take a notional salary, plus dividends (say up to georges £5000 pa tax free limit, and throw large amounts into my pension scheme ... to use up the unused allowance?? And so stay a basic rate tax payer?
