[Swinx43]

That is REALLY interesting! Quite a useful and nice way to work with tax. What does the percentage increase to in the following year?

It is a shame that the UK does not have anything like this. The best you can hope for is to contract and that give an average tax of around 26% to 30% depending on how creative your bookkeeper is.

Germany as my alternative example is quite a different story, there being freelance is very difficult due to the cost of healthcare that you HAVE to pay and their tax law is extremely complicated, you pay loads more tax than the UK for example. I know some friends who too permanent employment in Germany as it was more beneficial than being freelance.