I have a full time job employed PAYE and I am paid just over the higher rate threshold. I also have a LTD Company which I use for weekend work. The company doesn't turnover a lot of money, roughly 8k a year.
My question is, other than the 2k dividend I can withdraw each year, how much can I withdraw from the company each month without registering as an employer and will I be taxed 40% and have to pay NI contributions on that?
I realise with the low turnover it would make more sense to invoice as a sole trader but almost no-one in the broadcast industry will employ a sole trader these days.