IT Contracting - Leaving money in a company

[matt2015]

Hi,

Just wondering is there ever any situation that you would leave money in your LTD when contracting. With the corporation tax and professional surcharge coupled with the fact that you will have to pay tax taking it out eventually it doesn't seem to make sense.

Cheers,

Tony

 

[Brendan Burgess]

Hi Tony

There is no need for yet another thread on the topic. Check out the Key Posts.

Brendan