I'm unsure about something regarding my monthly payroll, which I hope you may be able to explain.
If my monthly expenses came to £100 for example, and I claimed those expenses would that mean the monthly dividend would be £100 less.
If I didn't claim the £100 expenses, would that mean my dividend would be £100 more.
The reason I ask, is because I am considering not claiming expenses, to reduce admin, & simplify the payroll process & maximize the monthly dividend.
Would this effect my corporation tax and/or anything else ??
If my monthly expenses came to £100 for example, and I claimed those expenses would that mean the monthly dividend would be £100 less.
If I didn't claim the £100 expenses, would that mean my dividend would be £100 more.
The reason I ask, is because I am considering not claiming expenses, to reduce admin, & simplify the payroll process & maximize the monthly dividend.
Would this effect my corporation tax and/or anything else ??
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