Well........... this has been fun to watch:smug:
Type: Posts; User: blackal
Well........... this has been fun to watch:smug:
those Directors will mostly have paid themselves circa £9,000 as salary (pre-tax and NI) and the remainder as dividends/bonuses. It slightly tax efficient, and of course allows the director to take...
You might as well - you are going to be paying that bill anyway
A director, if he performs work which generates revenue for the company - is an employee if he does work other than being a director.
Dividends are completely out with the income stream.