There are three main ways in which money can be drawn from a limited company - repayment of a director's loan, salary and dividends - but there are key issues to understand regarding each of these. It is important to organise the balance of these thr
Register as an employer!
• Don't forget to register with HMRC as an employer, even if it is only you, the director who is in the company. Then let us know your employers PAYE referen
Keep those receipts!
• If you want to be sure that an expense is verifiable, keep the receipt/invoice. However getting a receipt from a parking meter when you are visiting