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Retainer and tax?
JasonMarshUK
Messages count : 1
Likes count : 0
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12 March 2020
Hi,
I work in digital marketing and have been asked to join an agency under a retainer agreement for three months.
The retainer monthly payment is £2500 but I am not sure how much tax I would pay? Is it the same as PAYE? I have a limited company set up from the last time I worked as a contractor.
Thanks
I work in digital marketing and have been asked to join an agency under a retainer agreement for three months.
The retainer monthly payment is £2500 but I am not sure how much tax I would pay? Is it the same as PAYE? I have a limited company set up from the last time I worked as a contractor.
Thanks
- Contact in PM
Lupita
Messages count : 207Likes count : 6Registration : 2 November 2006Jason,
FreelanceUK asked an expert to answer a version of your question! The answer was published yesterday on the FreelanceUK frontpage!
https://www.free-work.com/en-gb/tech-it/blog/freelancer-finances/%E2%80%99-questions-what%E2%80%99s-least-taxing-way-join-agency%E2%80%99s-retainer-few-months.shtml
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