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limited company help please
onthelook_2
Posts: 103 Forumite
in Cutting tax
Recently changed our company from a partnership to a ltd for tax purposes we have registered with companies house and are in the middle of changing bank accounts.
Basically i need a new acoountant but in the mean time if you could help im a bit confused with how about we pay the wages yes i understand to pay your self the minimum wage so not to pay tax and then take divedends as i do the recording of details how do i record this in our expenses spreadsheet and do i need to fill in the p11 form from the hmrc with the wages they are taking each week even though they are not paying tax on it.
Please help
Basically i need a new acoountant but in the mean time if you could help im a bit confused with how about we pay the wages yes i understand to pay your self the minimum wage so not to pay tax and then take divedends as i do the recording of details how do i record this in our expenses spreadsheet and do i need to fill in the p11 form from the hmrc with the wages they are taking each week even though they are not paying tax on it.
Please help
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