I am slightly confused. Everyone seems to think that its better to be ltd if you are earning over a certain level but the accountants I have spoke to say I have to pay myself a basic salary and then get quarterly dividends. HOw can this make me better off. I have a mortgage to pay each month. A minimum wage salary will not help me.
So my question is how do you legally gain access to all the money you earn on a monthly basis using the ltd company route? I am with an umbrella and considering changing to ltd.
Any details of accountants would be appreciated.
So my question is how do you legally gain access to all the money you earn on a monthly basis using the ltd company route? I am with an umbrella and considering changing to ltd.
Any details of accountants would be appreciated.
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