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Contract Renewal

Featured Replies

Have a contract coming up for renewal for which have to pay tax at full 37% rate ........ ( but consolidating with the staggered brackets - works out to an average of 30% )

Have option to put contract under company - put maybe some costs on it, wife and i draw seperate salaries at lower level.

Any idea's / expereince which one would choose ?

( not even sure what monthly fees i have which i can put on the company , petrol, little bit of travel ....... food bills most likely not - down side will be wasting alot of time on getting tax receipts. )

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