How we structured a Barnes TV director's affairs for £12,800 saving
Client M is a Barnes-based television director working through a Ltd company on freelance production contracts, with occasional PAYE roles on broadcaster productions and some residual and royalty income. The income streams weren't coordinated, the company remuneration was inefficient, and IR35 hadn't been assessed on the production contracts.
We coordinated everything. We assessed and documented the IR35 status of the production contracts (most genuinely outside given the project-based, multi-client nature of the work), optimised the company remuneration to salary plus dividends, set up an employer pension contribution as an efficient extraction, ensured residual and royalty income was reported correctly, and made sure the PAYE roles combined without over-taxing.