Freelance jobs & Contract jobs - [Taxing]

Keep it simple is my suggestion. If the agency are happy for you to invoice them through your Ltd Co then do that. This way all your income is in one bag. Then pay small amount of PAYE and take the rest as dividends via the Ltd Co. The easier to manage the better!

Definitely invoice the agency and have them pay the money into your company.

Also if you are VAT registered check out the flat rate VAT system, if you get onto it you can collect VAT at 17.5% and pay it to HMRC at 13%. You won't make a huge amount of money but every extra bit helps.
If you do plan to do this make sure that it is going to be profitable, if you claim a lot of VAT back it may not be profitable to go onto the flat rate scheme because you cannot claim back VAT on anything under around about £1200 (Can't remember the exact figure, but it was around the £1200 mark).

Salary of £5000 and dividends to take out the rest after paying your 20% CT is the way to go.

thank you guys!!.

that helps..

thanks Again,
Nim