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This is a question Where Did It All Go Wrong?

Woocfot asks: Tell us all about that turning point in your life when it started going downhill. Yeah, that drunken conversation with my dad when he suggested I become a civil servant. Dammit, I could have been an astronaut

(, Thu 28 Feb 2013, 11:32)
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Except that they're cracking down on IR35 loopholes and cheap mortgages for limited companies - particularly for buy-to-let - simply don't exist.
And if you have an existing salary then your dividends will be taxed at your highest tax rate. Unless you pay everything into the PCL and take a minimal salary in which case you wouldn't be able to afford the mortgage on your home when the 5 year term ends. But ... again ... I don't want to cry Honda Accord.
(, Thu 28 Feb 2013, 19:04, Reply)

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