If you’ve looked at your company’s accounts on Companies House and noticed that the figure for capital and reserves has gone down, you may be wondering whether it makes the business look as though it made a loss. Sometimes it does. But very often, particularly with micro-companies, that is not what has happened at all.
Tag Archives: shareholders
Corporation Tax, Director’s Pay vs Dividends, Tax Planning & Saving Tips, Year-End Preparation Tips
So you want to take a dividend from your company?
Thinking about taking some money out of your limited company? Before you hit ‘transfer’, it’s worth understanding how dividends actually work — and what to check before you pay yourself. Dividends can be a brilliant, tax-efficient way to pay yourself as a business owner, but they come with a few rules and responsibilities. Let’s break