Another question, sorry!

[boddy09]

With the business kicking off next week I need to get things straight in my head. When you pay a wage up to the tax free limit and take the rest as a dividend every month do you have to declare a directors meeting every month and produce a dividend voucher?

 

[elaine@cheapaccounting]

Read here in salary v divs:

http://www.franklyaccounts.co.uk/fivesalary.php

and here on div paper work:

http://www.franklyaccounts.co.uk/fivedivs.php

 

[boddy09]

Thanks Elaine.