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By Wendy Tate, Apr 22 2020 02:18PM
Owner managed businesses can typically decide how to pay themselves. This can be either a salary, dividends, or a mixture of both. Directors, with no other income should look to pay themselves the optimum director’s salary with additional income paid as dividends.
By Wendy Tate, Apr 4 2019 10:00AM
If you have just started up a limited company, the Directors’ Loan Account can be one of the trickiest concepts to get your head around. But I promise you it’s not impossible. It is necessary in understanding how you relate to your company and more importantly, how you get your hands on your profits.