The Mudcat Café TM
Thread #127858 Message #2856739
Posted By: Dave the Gnome
05-Mar-10 - 09:46 AM
Thread Name: BS: Soon to become self employed any advice?
Subject: RE: BS: Soon to become self employed any advice?
be mindful that you will now have to pay twice as much into Social Security (that is if you work in the US)...
True in the UK as well - If you are paying yourself from your own limited comapny you have to pay both employer and employee national insurance contributions:-( Best is to not pay yourself and live off comapny dividends but you realy do need an accountant to sort stuff like that out.