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How much can you take out of your business as dividends?

One of the questions we get asked most often is how much you can take as dividends. Taking money out of your limited company without double checking what you are doing is also one of the easiest ways to get yourself into a financial mess.Most of us were employees on somebody else’s payroll before we set up our own business. When you are an employee your employer does pretty much all of it for you. They file your salary information with HMRC, work out how much tax to withhold from your salary, ...

October 4, 2020

HOW TO MANAGE OVERDUE INVOICES AND MINIMISE THE POST VIRUS CRUNCH

Like so many SME’s in the UK, the majority of our small business clients have found recent months tough going.  We always try to coach our customers on the importance of managing the cash flow of their business, and post coronavirus, this will now become more vital than ever before.One of the best places to start is to ensure you have in your possession, all the money that is owed to you.  Unpaid invoices can interrupt your cash flow and have a detrimental knock on effect to your ent...

October 3, 2020 Posts 1-2 of 2 | Page
 

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