Following on from our recent introduction of Dividend Vouchers, we have now enhanced this service to our clients by providing a separate Dividend Voucher for each Dividend withdrawal. This will aid the preparation of the Extract of Board Meeting Minutes – template available on the Portal under FAQ’s.
What if the details are incorrect?
To ensure that we have correctly classified withdrawals please review your monthly snapshot, which shows the amount of dividends withdrawn to the end of the previous month. If this amount is incorrect, please advise us before the 20th monthly so that the required adjustments can be made prior to the production of the Dividend Vouchers.
Do I have to prepare an Extract of Board Meeting Minute?
It is a requirement that if you are withdrawing Dividends from your Company, that the relevant Meeting is documented. HMRC can, at any time, ask for the relevant documentation.
What if I want to change the split of the Dividend payments?
Should you wish to change the Dividend split to alter the amount of dividends payable to a particular shareholder, please advise your Account Manager of this as soon as possible.
Self Assessment – Q & A
Self-assessments. We have all heard of them, you maybe even know what they are. However, here at QAccounting some of our most frequently asked questions are about self-assessments. So below we have outline some of the most common questions we get asked, and the answers we get so tired of giving… just kidding.
Setting Up a Limited Company – 5 Key Things to Consider
If you are looking at going self-employed, then setting up as a Limited Company (LTD) may be the best option for you.
The Benefits of Having an Online Accountant
Here at QAccounting we are part of one of the UK’s largest contractor service providers. We started operating over a decade ago (around the same time DFS started their first sale) and have been dedicated to serving self-employed professionals ever since. One of the perks of choosing and accountant like QAccounting is that we offer all of our accounting services online.