Every limited company is different. Some may be run by a board of experienced senior members with (at least) one director, and others are run by one person who takes on the role of the sole shareholder and company director. Whatever the structure, the role of the company’s director doesn’t change – they make sure…
Being a company director means you can take a more flexible approach to how and when you pay yourself. In most cases this means taking a tax-efficient ‘split’ income, where part of the money you pay yourself from the company comes from a salary, and the other part comes from dividends. This tax efficiency is…
As the director of a limited company you can use a director’s loan to borrow money from (or lend money to) the business. We explain what a director’s loan is, how it works, and how to account for this in your company’s bookkeeping. What are director’s loans? A director’s loan is when you, as a…
