Directors Account - slightly out

[Martin at NixonWilliams]

Thanks Martin. Again, this is the bit confusing me though - it is showing the combined shareholding, but it is only showing the dividends for me, not the combined dividends.

There are different interpretations of this. The software we currently use simply displays the % of the company controlled by the director and their spouse. However, the software we used to use encouraged full disclosure of the dividends for the director and their spouse combined.

My advice would be for your wife's dividends to be included in the note to the accounts as her income is in the director's interests however I can't see this ever being an issue if it is just your dividends being disclosed.

[Ticktock]

Thanks again Martin.

I'm starting to feel I've done my due diligance. I spotted a query, I raised it with my accountant who said it was OK. If it's proven to be wrong in future I'll go after him...

From what you and everyone else has said, although this may be a bit of weird way of things being displayed, it shouldn't be an issue. Guess I'll sign off on the accounts!