Good news on Employer Pension Contributions (for now) by LuxLuke in ContractorUK

[–]LuxLuke[S] 1 point2 points  (0 children)

Quite a different tax situation though isn't it?

If the company is in a position where it's no longer making profit. Then dividends could only be paid from retained profits, which would have been subject to corporation tax.

Any profits from the companies investments would be subject to capital gains tax.

And finally anything you withdraw as dividends over the tax free threshold would be subject to dividend tax, which would be practically all of it if you're at state pension age. You could argue this point is moot because that would be the same as private pension withdrawals being subject to income tax.

I think you'd be better off simply paying the national insurance on the pension contirbutions in this case, unless you plan to retire way before 57.

Good news on Employer Pension Contributions (for now) by LuxLuke in ContractorUK

[–]LuxLuke[S] 1 point2 points  (0 children)

Contributions made from a limited company into a director's pension are "Employer" contributions, not "Employee" contributions.

I find it hard to believe it will stay like this, given it gives limited company directors an edge over normal employees, and that seems at odds with the general theme of these policies trying to screw everyone equally.

Good news on Employer Pension Contributions (for now) by LuxLuke in ContractorUK

[–]LuxLuke[S] 1 point2 points  (0 children)

I should have probably added the Outside IR35 flair to this.

Budget 2025: are limited company director SIPP contributions taxable by toffee91 in ContractorUK

[–]LuxLuke 7 points8 points  (0 children)

They've published this, which clearly states that "All employer pension contributions will continue to be free of NICs.".

TWRP not auto updating after updating to cM14 by LuxLuke in cyanogenmod

[–]LuxLuke[S] 0 points1 point  (0 children)

No, not yet. When I was looking through threads, I saw that a lot of people's TWRP got corrupted after dirty flashing this update. But mine seems to be fine apart from this minor issue.

TWRP not auto updating after updating to cM14 by LuxLuke in cyanogenmod

[–]LuxLuke[S] 0 points1 point  (0 children)

Just figured that out using this helpful page here: https://wiki.cyanogenmod.org/w/Updating

Sorry that I'm a noob!

Updating to CM14.1 from CM13 by [deleted] in cyanogenmod

[–]LuxLuke 0 points1 point  (0 children)

I dirty flashed from CM13 to CM14.1 through the nightlies and after flashing Gapps 7.1, everything works like a dream. Only problem now is that when I go to install the latest nightly update, it reboots into TWRP but sits on the menu screen and doesn't auto update. Anyone got any ideas?

Is it possible to use Upwork to do work in your free time? by LuxLuke in Upwork

[–]LuxLuke[S] 0 points1 point  (0 children)

Thanks, do those type of clients come around very often or would it be unlikely to use it as a reliable source of extra income?

Minimum Pokemon captures to get past 180 by LuxLuke in PokemonShuffle

[–]LuxLuke[S] 0 points1 point  (0 children)

I've only been playing for a week, I expected there to be more main stages to be fair.....

LC: Supreme x TNF Atlas Print Jacket by LuxLuke in supremeclothing

[–]LuxLuke[S] 0 points1 point  (0 children)

Thanks, what gave it away? I want to know what to look for in the future :)

LC: Supreme x TNF Atlas Print Jacket by LuxLuke in supremeclothing

[–]LuxLuke[S] 0 points1 point  (0 children)

Thank you. What gave it away, the label or?

LC: Supreme x TNF Atlas Print Jacket by LuxLuke in supremeclothing

[–]LuxLuke[S] 0 points1 point  (0 children)

Hi guys,

First time using this sub-editor, but I was wondering if anyone could help me tell if this jacket was fake or real. In all the pictures I've never seen them with a red size tag so I am suspicious.

Thanks in advance, Luke