Help How to pay myself ?

[Waiareka]

Hi,

Can someone help me working out the salary calculations based on the following ? (Sorry complete newbie)

1. £500 per month (Rest in dividends)
2. Normal Salary (More tax)


What would my monthly income be based on £400per day and 240 working days a year ? Expenses £5000


M.

[SueEllen]

Talk to your accountant.

If you don't have one then you need one.

[xoggoth]

If you do a search on line for PAYE calculator you should find a number of free ones. Think HMRC have one, it's on the CD anyway.