Post
by AccountantMatthew » Thu Jan 05, 2012 11:38 am
You are in control of your salary if you are the director of your own company so you can basically pay yourself what you want. Obviously it's different when you employ others as it'll be in their contract of employment but in effect you can keep varying your own contract.
Therefore the gross salary can be different every month. As NI and PAYE Income Tax vary with salary levels, they will too be different so your net salary will be different as a consequence too.
Interim dividends are proposed by the directors and are at their discretion - they too can differ and be at different times of the year. Just remember that there should be sufficient profits within the business to distribute them.
So in short, yes everything can differ.
Please don't private message me or e-mail me for free personal advice - you are just wasting your time writing something that won't get answered.
Anything written here shouldn't be construed as being formal advice given in a professional capacity.