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I need to know how you would differentiate between dividends and salary
Salary will be backed up by your payslips that were produced at the time. Dividends will be backed up by your dividend paperwork and meeting minutes that were produced at the time.
It's a simple enough difference - what does your paperwork say?
Originally posted by MaryPoppins
I hadn't really understood this 'pwned' expression until I read DirtyDog's post.
I think I need a Sockie who has a set of standard comments:
1. You are not cut out to be a Contractor.
2. Employ a properly qualified Accountant.
3. Take your career seriously.
4. Read the Links on the right, since they were carefully compiled to assist the ignorant and lazy.
Can one of Mods please move this to General since it doesn't deserve to be in Accounting / Legal?
I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).
I think I need a Sockie who has a set of standard comments:
1. You are not cut out to be a Contractor.
2. Employ a properly qualified Accountant.
3. Take your career seriously.
4. Read the Links on the right, since they were carefully compiled to assist the ignorant and lazy.
Can one of Mods please move this to General since it doesn't deserve to be in Accounting / Legal?
Comment