Can I withdraw small loan from Myco - 3K GBP - right away and have the accountant sort the accounts out later - next few days ?
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yes... nextOriginally posted by Likely View PostHow fortunate for governments that the people they administer don't think -
errrr.. I have what is called director's loan quite often... you don't have to declare all your dividends as dividends, some can be put through as loans, this helps if you are avoiding the dividends threshold.Comment
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How?
It's a loan, you have to pay it back......Still InvoicingComment
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with interest.
Why do contractors need loans?Comment
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When they've been benched for 4 months and spent the 'fighting fund'.Originally posted by DimPrawn View Post
It’s significantly cheaper than going overdrawn.Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
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Surely in this instance, if you're taking a loan from your company you could instead be paying yourself a salary...Originally posted by gingerjedi View PostWhen they've been benched for 4 months and spent the 'fighting fund'.
It’s significantly cheaper than going overdrawn.Comment
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Not if it’s the tax mans money and he wants it come December.Originally posted by Churchill View Post
Am I doing something wrong if my company hasn’t paid its employee minimum wage for 4 months?Science isn't about why, it's about why not. You ask: why is so much of our science dangerous? I say: why not marry safe science if you love it so much. In fact, why not invent a special safety door that won't hit you in the butt on the way out, because you are fired. - Cave JohnsonComment
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