• Directors Loan: The do’s and dont’s

    • November 15, 2016
    • Posted by: admin
    • Category: Business Growth, Contractors, Expenses, Finance & accounting, Tax, Uncategorized
    No Comments

    If you have just started up a limited company, the director’s loan account can be one of the trickiest concepts to get your head around. But I promise you it’s not impossible. It is necessary in understanding how you relate to your company and more importantly, how you can get at your lovely profits. What isn’t a director’s loan

    read more

  • Can contractors continue to draw a salary when they are out of contract?

    • November 8, 2016
    • Posted by: admin
    • Category: Contractors, Expenses, Tax
    No Comments

    We recently had a client who was a traded as a limited company contractor and had a  six month break between contracts, but wasn’t sure whether he could continue to draw a monthly salary? Even though he was out of a contract and the company stopped earning income, he would still be a director of

    read more