Originally posted by eek
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Shareholder to withdraw more dividends
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Originally posted by northernladuk View PostAll fur coat and no knickers.Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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I needed extra money for a mortgage deposit last year.
The scheme I came up with was to take an extra dividend and pay higher rate tax on it.
Crazy I know.Comment
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Originally posted by TheCyclingProgrammer View PostI needed extra money for a mortgage deposit last year.
The scheme I came up with was to take an extra dividend and pay higher rate tax on it.
Crazy I know.Comment
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Originally posted by Sophieuk View PostHi all,
I have been contracting for couple of years. I am looking to buy my house and am in need of more cash for my deposit. My accountant advised me to consider making a (non working) friend as my shareholder. I am single so I dont have an option to make my spouse a shareholder.
My friend can withdraw dividends from my company as a shareholder and give that money to me as gift. Is this a safe approach ? Will I get myself in trouble with HMRC ??
Any guidance on this topic will be much appreciated. Thanks.
Regards,
Sophie
Would you let a friend have full access to your bank account as well?I couldn't give two fornicators! Yes, really!Comment
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This may be of some use :
https://www.gov.uk/directors-loans/overview
far safer than some dodgy dividend scheme.
either borrow for a limited time (9 months) or pay the official rate 3.25% to YOUR company, not its not as cheap as a mortgage but you may well get some of it back.
fire your accountant or at least talk to a professional and ask them to explain why the Vein on NLUK's forehead is throbbing.Always forgive your enemies; nothing annoys them so much.Comment
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