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Paying myself with PAYE -
17-01-2006, 01:47 AM
Hello, I'm gonna be setting up a private limited company and have a couple of issues about paying myself.
If say the business does well for a few months and i decide to pay myself, can i pay myself with varying amounts depending on the profits, month to month? Would appreciate your advice, peeps. |
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Re: Paying myself with PAYE -
17-01-2006, 10:19 AM
You can pay yourself as much or as little as you want, and when you want. You don't even have to make a profit! It's sometimes more tax-efficient to pay yourself dividends rather than salary (PAYE). Talk to your accountant.
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