I have recently incorporated to work on a contract for a bank. Most contractors pay themselves a minimum salary to avoid PAYE and NI. Most have been doing this for years. If this is acceptable, obviously I would like to pay myself that amount. My concern is that as an accountant, if I'm not acting legally, my reputation with HMRC would be damaged if they were to 'catch' me.
Does anybody have any links to guidance, or know the answer?