Declare dividend now but pay out later - Contractor UK Bulletin Board

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TheFaQQer replied

7 April 2016, 11:07
Originally posted by KentDogWalker View Post

I don't think thats legal?

It isn't.
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SlipTheJab replied

7 April 2016, 10:29
Originally posted by KentDogWalker View Post

I don't think thats legal? And its the 7th now

You snooze you lose, its not as if you didnt know this was coming , I maxed out on the 5th, sorted
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KentDogWalker replied

7 April 2016, 10:13
Originally posted by chopper View Post

Declare the dividend dated 5th April, credit it to the director's loan account.
Draw down from the D/L account on 6th April.

I don't think thats legal? And its the 7th now
Leave a comment:
chopper replied

7 April 2016, 09:25
Originally posted by KentDogWalker View Post

oh RATS, I just waited 1 day too long to take a massive divi payment. The law is changed from 0am this morning not 0am next morning!

Declare the dividend dated 5th April, credit it to the director's loan account.
Draw down from the D/L account on 6th April.
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northernladuk replied

6 April 2016, 19:08
Originally posted by Alias View Post

To be fair, it is tho...

Well yeah but...
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Alias replied

6 April 2016, 19:01
Originally posted by northernladuk View Post

You struggle at this game a little don't you?

And people think my ' Speak to your accountant' line is lame.

To be fair, it is tho...
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northernladuk replied

6 April 2016, 18:46
You struggle at this game a little don't you?

And people think my ' Speak to your accountant' line is lame.
Leave a comment:
KentDogWalker replied

6 April 2016, 18:36
oh RATS, I just waited 1 day too long to take a massive divi payment. The law is changed from 0am this morning not 0am next morning!
Leave a comment:
KentDogWalker replied

6 April 2016, 17:24
Well some it up for the whole year then, the 32k odd before higher rate.
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paulb567 replied

6 April 2016, 17:20
What's normal about monthly dividends? I doubt many take declare dividends that regularly.
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KentDogWalker replied

6 April 2016, 17:15
Are you guys going to still take the normal 2.5 k divi's each month, or reduce it and invest the money elsewhere.
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TheCyclingProgrammer replied

2 April 2016, 21:29
Get the dividend paperwork right and credit it to the directors loan account. Withdraw as necessary.
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adubya replied

2 April 2016, 21:02
Just F______ Do It
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titan replied

2 April 2016, 20:57
Originally posted by Scruff View Post

JFDI

What is JFDI?
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Scruff replied

2 April 2016, 20:41
JFDI
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