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<blockquote data-quote="binky" data-source="post: 304801" data-attributes="member: 490"><p>another little point, get child allowances paid in your name so your National Insurance is paid for your pension - doesn't apply in all cases as it depends on circumstances. As said above get an accountant, they should be able to save you more than they cost, and the Tax man is less likely to investigate, (insurance against an investigation isn't a bad idea aswell). It also means you can worry about the business rather than tax affairs. As I've got older I have become more persuaded of the benefit of using the right people to cover stuff I don't understand or have time to investigate.</p></blockquote><p></p>
[QUOTE="binky, post: 304801, member: 490"] another little point, get child allowances paid in your name so your National Insurance is paid for your pension - doesn't apply in all cases as it depends on circumstances. As said above get an accountant, they should be able to save you more than they cost, and the Tax man is less likely to investigate, (insurance against an investigation isn't a bad idea aswell). It also means you can worry about the business rather than tax affairs. As I've got older I have become more persuaded of the benefit of using the right people to cover stuff I don't understand or have time to investigate. [/QUOTE]
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