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Post Info TOPIC: Microsoft Office Accounting: Director's salary
Andras


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Microsoft Office Accounting: Director's salary
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Hi All,

I want to thank everybody who commented on my previous problem, especially Kris.

I am finalizing the my accounting for the last financial year and I want to take as much director's salary out as possible without incurring any costs (taxes, paye, etc.)

How much can I pay myself and is it feasible to pay it as a lump sum at the end of the year? How do I account for it in MOA? Do I need to set myself up as an employee?

Thanks in advance.

Andras


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