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Can a Ltd company director get any benefits?

hnwestuk · 2009-02-15 14:27:26

My business partner Claire and I have a limited company, but we have made a loss for the financial years ending 08 and 09. We've each taken £5000 a year as a salary, and I also get about £2500 working tax credit a year. We can't work at the moment because of the credit crunch - we were in property, and there's nothing…

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Jowo_2 Posts: 8,308 Forumite

9 March 2011 at 11:42AM

Ask the members of the benefit board for advice, plus the Debt Free Wanabee board for suggestions on how to wind down the company when you have debts as they should have experience with the various debt management strategies available to people (not just the dissolution of a company).

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Can a Ltd company director get any benefits?

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