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New Buisness start up.

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  • 27-01-2018 8:34pm
    #1
    kaylen.
    Registered Users Posts: 12 ✭


    Hi all.
    I am looking for some advice for a new company start up.
    I will be a single director with 100 per cent shares
    I understand the tax side of things but basically I am wondering if it is possible to not to take a salary but take an amount at any stage obviously through the payroll but this payment might be only a few times a year.

    Any help appreciated guys.


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    #2
    thegolfer
    Registered Users Posts: 346 ✭✭thegolfer


    kaylen. wrote: »
    Hi all.
    I am looking for some advice for a new company start up.
    I will be a single director with 100 per cent shares
    I understand the tax side of things but basically I am wondering if it is possible to not to take a salary but take an amount at any stage obviously through the payroll but this payment might be only a few times a year.

    Any help appreciated guys.

    You can take what ever and whenever, so long as tax is paid..


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    #3
    pedroeibar1
    Closed Accounts Posts: 5,108 ✭✭✭pedroeibar1


    thegolfer wrote: »
    You can take what ever and whenever, so long as tax is paid..
    Wrong. There also are solvency issues to consider.


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