Readers Questions: Does limited liability still apply with just one director?
Readers Question: I was wondering how do I record refunds that I give to clients for services not received in my accounts. Should I amend the invoice or does it go on my expenses side?
Readers’ question: I am a shareholder in a limited company and receive dividends as payment each month. I am being taxed by the company at 20% as corporation tax before they pay the dividend and then paying up to 32.5% tax as I am a higher bracket taxpayer. So, on the majority of the dividend, I am paying 52.5% tax – is this correct?