Reply To: Company Director – Dividends

#281891
pbirks
Participant

Dividend can only be paid from profits – they are NOT to compensate for business expenses – they are paid out separately.

I **Thought ** that dividends were split equally between the directors – so one couldn’t receive £30k while the other received 6k

The argument for notional income is that if the company can afford to pay out £36k in dividends to 2 directors, then it could afford to pay each director a higher wage….