Hi All,
Newbie to the forum, this is my first post.
I've yet to sit down with an accountant and talk things over, but hoping I could get a general consensus on here. I've won my first contract, but it's only worth about £20,000 per annum. I'm hoping to obtain a few more as I'll still have spare time
My question is, what is a sensible directors salary, should I be paying myself dividends - or is it not worth it at this level of income?
Any advice would be greatly appreciated
Newbie to the forum, this is my first post.
I've yet to sit down with an accountant and talk things over, but hoping I could get a general consensus on here. I've won my first contract, but it's only worth about £20,000 per annum. I'm hoping to obtain a few more as I'll still have spare time
My question is, what is a sensible directors salary, should I be paying myself dividends - or is it not worth it at this level of income?
Any advice would be greatly appreciated
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