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Dividend

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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alex877
Newly Registered
Posts: 13
Joined: Fri Jan 30, 2015 10:01 pm

Dividend

Post by alex877 » Fri Mar 13, 2015 10:10 pm

I know you cannot draw a salary from you business, but can you draw dividend from profit?
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maberl2002
Newbie
Posts: 49
Joined: Wed Jan 08, 2014 11:21 am

Re: Dividend

Post by maberl2002 » Sat Mar 14, 2015 4:36 pm

yes how else are you going to take out income???
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ishfaqsangra
- thin ice -
Posts: 866
Joined: Wed Aug 14, 2013 10:10 pm
Pakistan

Re: Dividend

Post by ishfaqsangra » Sat Mar 14, 2015 4:58 pm

You can draw salary but that would not count as investment .
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alex877
Newly Registered
Posts: 13
Joined: Fri Jan 30, 2015 10:01 pm

Re: Dividend

Post by alex877 » Sat Mar 14, 2015 8:24 pm

Yeah, you can draw both from revenue or profit (in case of dividend), but the latter is easier to account for.
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