Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Ok - i'm new in business. Private limited - one man show. Upto what percentage of the net profit one can declare dividend - could it be 80-90%? And can one work it out on a monthly basis? Thanks.
So I, the director, have earned £100 for my private limited company. I set my salary £20 under PAYE, claim £5 expenses and the secratary's salary is £5. I would like to leave £20 in my company account. I can't live on £20 income alone so I want to draw additional £50 (can be £5000). How do I do...