Employee/Director Salary

[babaty2k02]

Hi Gurus and others,

My Tier 1 Extension is by November and I am just trying to cover all the grey areas that I am not I am not 100% on.

i am an employee on the company with irregular payment pattern.

In year 1, I got a salary of £1600, and in year 2 I received a total salary of £2600. I had invested as it shows in the accounts just about 53,000 (direct transfer from personal to business account - 5 installments). In the accounts there was nowhere that shows Directors Salary in the expenses section, instead Employees Salary.
Will the salary received by me as an employee of the company be deducted from the claimed Directors Loan Account (making it lower than £50K)? If so, what should i do, as my 3rd year account had been prepared. Thanks for your contributions/advises.

[zimba]

Salary is taxable and director's loan repayment is NOT. If a company owes you money as a director, it makes no sense to withdraw salary and pay taxes.
Generally, HO will ignore any money you paid yourself from your investment for award of points.

[babaty2k02]

Salary is taxable and director's loan repayment is NOT. If a company owes you money as a director, it makes no sense to withdraw salary and pay taxes.
Generally, HO will ignore any money you paid yourself from your investment for award of points.

So am fine as it is right now @ Zimba? No need to re invest the 'shortage'?

[zimba]

Did your company make any money or did you pay yourself from the money invested ??

[babaty2k02]

Did your company make any money or did you pay yourself from the money invested ??

Money do come in in form of payment for services from Clients, and the employee/director salary is not regular (not monthly)