I am the director of a Ltd Comp and will expect to earn approx 60-80k before corporation tax during my current financial year. It is now my full time employment as opposed to a part time hobby.
I was wondering if it is best to pay myself the current LEL (105.00 per week 2008-09)and draw dividends as opposed to a salary itself.
Has anyone had this dilemma and how did they get over it?
Advice or info would be much appreciated.
Thanks
Para7070
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