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Recent content by Bug

B
Drawing dividends over higher tax threshold - should I?

Thanks, all - I appreciate your responses. I'm lucky enough to have just secured a role for the next 12 months, again at a reasonable daily rate, so, if I left the net profit in the company, I'm likely to end up with a decent war chest by the end of FY 12/13. As I see it, this war chest only...
- Bug
- Post #18
- Jan 16, 2012
- Forum: Accounting / Legal
B
Drawing dividends over higher tax threshold - should I?

This is my first post - and I've a lot to learn - so please excuse me if the answer is obvious! I began as a contractor about 12 months ago, have a reasonable daily rate and have just posted Y1 net profits well in excess of the higher tax threshold. So far so lucky. Now, my accountant is...
- Bug
- Thread
- Jan 15, 2012
- Replies: 62
- Forum: Accounting / Legal

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