Mortgage based on Salary/Dividend

Thrugelmir

There's no need to give any monetary information. However a clear explanation of the Company structure would be of benefit. As possibly its this which is creating the issue. As remuneration from a Company is not a complex issue in itself.

Profit is a measure of Company performance. In a small business normal practice would be to add back Directors remuneration and benefits to ascertain underlying trend. As of course these can vary from year to year.

spooky69

Thanks. The underlying trend for the most recent year would not look particularly good and I am sure that is not unusual in the current climate - income has been maintained by drawing retained profit that had been put aside for difficult times and previous years were consistent. So if you look at income - no problem. If you look at Company profit (and in particular, my share of it) then I might get a cardboard box (but not a very nice one).