I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
Thankyou very much, that's really helpful. How do I go about paying the tax? If I complete a self assessment form online will it automatically come out of the company account? And once its been taxed at 20%, would I add the extra 10% for the dividend before or after doing a transfer to my personal account?
How do I cancel my NI contributions?
Thankyou so much, it finally makes sense!!