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DIVIDEND ISSUES,PLZ advise URGENT

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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surat3912
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Posts: 35
Joined: Thu Jan 25, 2007 11:50 am

Comapny structure earnings calim

Post by surat3912 » Mon May 25, 2009 1:37 pm

If I am not wtong there is no worry and need about dividend payment from Self Employed Earnings under Company structure. If we are running our Limited company and wants to retain our profit/earnings in the company/business,the HO requirements to claim earnings is to prepare Profit & Loss Account showing NET PROFIT (before Tax) & Balance Sheet in statutory format for the period claim signed by an Accountant and ,a letter from an accountant showing net profit/share of the person claimed. Hence no need of any payment of dividend/salary to the personal account of the applicant.

Please rectify if i am wrong.
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