Originally posted by Nixon Williams
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- 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!
Reply to: Expenses V dividend
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Expenses V dividend"
Collapse
-
Originally posted by Punter View PostI am an accountant and I don't think this is the case. A dividend of £100 will reduce the profit by £0.
Alan
Leave a comment:
-
Originally posted by Punter View PostI am an accountant and I don't think this is the case. A dividend of £100 will reduce the profit by £0.
I was referring to the effect on the retained earnings.
In the context of the question (i.e. expenses vs. dividend) it is important to recognise how each option effects the retained earnings as a whole.
Martin
Leave a comment:
-
Originally posted by Punter View PostI am an accountant and I don't think this is the case. A dividend of £100 will reduce the profit by £0.
Say your company has made a profit of £5K (after corp tax and other expenses).
You then take a £100 dividend.
How much profit is left in the company?
Leave a comment:
-
Originally posted by Punter View PostI am an accountant and I don't think this is the case. A dividend of £100 will reduce the profit by £0.
But you could sensibly say that having got the profit, paying a dividend reduces it, or at least what's left of it.
Depends whether you mean the accounting amount of profit, or the money in the Co resulting from it.Last edited by Ignis Fatuus; 2 November 2012, 09:25.
Leave a comment:
-
Originally posted by Martin at NixonWilliams View Post
One is the effect on your profit, a £100 expense will reduce the company's profit by £80 (assuming it is tax deductible) as 20% relief will be given, whereas a dividend of £100 will reduce the profit by £100.
Martin
Leave a comment:
-
Originally posted by DaveP View PostWell if you believe what you find on wikipedia, say no more.
Bored with this now.
Leave a comment:
-
Originally posted by speling bee View Post
Bored with this now.
Leave a comment:
-
Originally posted by DaveP View PostNetwork MarketingMulti-level marketing
From Wikipedia, the free encyclopedia
(Redirected from Network marketing)
Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is referred to as the participant's downline, and can provide multiple levels of compensation.[1] Other terms for MLM include pyramid selling,[2][3][4][5][6] network marketing,[7][8][9] and referral marketing.[10]Many pyramid schemes try to present themselves as legitimate MLM businesses.[11] However, there are people who hold that all MLMs are essentially pyramid schemes even if legal.[
Next!
Leave a comment:
-
Originally posted by DaveP View Postyes, but no i'm not operating any scheme.
Leave a comment:
-
Originally posted by DaveP View PostNO !
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: