My partner set up a ltd company in March he has 3 invoices paid for March April and soon to be May. The contact will finish at the end of May and he has now taken a permenant position.
I have not paid him any salary from the company. As he will be paying NI for June 2009 to March 2010 in his new job can I pay the profit out in dividends or do I have to pay a salary to top up the NI contributions?
If so will it matter that I only pay one salary cheque rather than one per month? Is it the number of months you pay NI or is it a minumum about over the whole year?
Many thanks
NI - no of months or the amount for the year?
1 post • Page 1 of 1
NI - no of months or the amount for the year?
by tonibat62 on Sun May 17, 2009 11:22 am
- tonibat62
- Posts: 5
- Joined: Mon Apr 13, 2009 1:04 pm
1 post • Page 1 of 1
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