A new client who currently works through his own limited company has been asked if he will transfer to being employed under PAYE by one of of his existing clients. In return for that he is being offered an upfront golden hello approximately equivalent to 5 years charges. This can be paid either to his limited company or him personally whichever is tax advantageous to him. Thereafter he will be paid a normal salary. Any wise thoughts out there?
10th Feb 2011
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