For company directors, depending on how much and how often you need to withdraw money from the company, there are 3 options: 1. Taking salaries Salaries are tax deductible for corporation tax and you can take a salary even…
Tag: #companydirector
Home Office for Company Directors and Tax Implications
1. If your home office is for 100% business use 1) First of all, you will need to have a formal agreement between the company and yourself stating that the home office is for 100% business use. 2) The…