Day: 29 March 2021
The risk of paying illegal dividends
Directors need to be careful to avoid paying illegal dividends or they could become personally liable for company liabilities. Many directors of owner managed businesses, including ourselves, pay a portion of their income as dividends and the end of the tax year is a time when dividend will often be considered, even if it is …
Tomorrow is promised to no one …
Did you grow up hearing all those quirky little sayings that families come out with. You probably heard them all the time but then, they were more comforting than instructive. Later, you may have started to see the little gems of wisdom in each one. But then, did you start to think of them like …