Hypothetical question, would this be legal?
If I was hypothetically earning a lot of money.
Could I draw up an agreement whereby I was paid 20,000 / year (or less) for x* number of years to lessen the tax burden for me?
"news.easynews.com" wrote
How? - Employed, self-employed, property, other investment income...?
"news.easynews.com" wrote
Agreement between yourself & whom??
In theory, probably.
Or have you considered the Salary Sacrifice option, whereby the 20K would be diverted to a Pension Scheme. The employer would also benefit from the NI saving which could be factored in also.
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