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Sheila Preston
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Taking a salary as director
1 Reply

Hi all total newbie here. I’m starting a CIC and in the first instance all of the work will be done by me, the director. Is it possible to pay myself a salary or pay myself via my ltd company for the…Continue

Started this discussion. Last reply by John Mulkerrin Jul 30.

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John Mulkerrin replied to Sheila Preston's discussion Taking a salary as director
"Totally normal to pay yourself a salary as you would via a normal Ltd company. "
Jul 30
Sheila Preston joined David E Alexander's group
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Setting up a CIC

Guidance on how to set up a CIC especially where communities need to work together before they actually create the CIC e.g. collect funds commission work from advisors ahead of formation as some market testing or preparatory workSee More
Jul 26
Sheila Preston posted a discussion

Taking a salary as director

Hi all total newbie here. I’m starting a CIC and in the first instance all of the work will be done by me, the director. Is it possible to pay myself a salary or pay myself via my ltd company for the services I do? The income will be very small to start with and there will be a little money going back into the company . With time, my ambition is that the company will be bigger, and involve others but for now I’m just starting out. Are there any problems with this approach? Thanks for your your…See More
Jul 26
Sheila Preston is now a member of CIC Association
Apr 16

Profile Information

What is your postcode?
HP52PJ
Name of organisation (if any) you are associated with?
Change of Mind
Is that organisation a CIC?
Yes
Are you interested in representing a CIC at the CIC Association AGM?
No
Are you interested in working in partnership with the CIC Association?
Yes

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