I'm definitely not trying to avoid paying tax, I have no problem whatsoever with doing that whether I pay through PAYE or though paying tax on dividends from my company. However as I mentioned I find the IVA budget to restrictive to stick to long term but i can't save anything from my regular income...

I didn't have the company when I entered into the IVA, I have recently changed careers and as I do project based contract work I often change employer, I was hoping to form my own company to just remain consistently employed by one company rather than change employer every 6 months.

Thanks for your responses so far. A variation wouldn't really help me; I'm struggling with the IVA because of the depressing, constantly broke lifestyle the out of date I&E budget constraints (which haven't been updated since I first contacted my IP in 2006 despite the increase in the cost of living...

I am the sole director and shareholder. If the company pays me a salary rather than taking any money out as dividends would the IP still be able to insist on seeing the company's year end accounts and try to force me to increase my salary in order to make higher payments to creditors. And can I real...

I am a year and a bit into an IVA. I have changed career and now work in projetc management so I want to operate through a limited company which I have just set up. I've been advised that it is most tax efficient for me to not be paid a salary by the company, but to take dividends as a shareholder -...