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Alastair Irvine replied to Brendan's discussion Pay, national insurance tax etc. in the group Accounts Group
"Brendan I would say that you need to set salaries at a reasonable level for the work to be performed. Setting them artificially low now simply stores up problems for later. Equally, saddling the balance sheet with debt is not good for financial…"
May 13, 2018
Brendan added a discussion to the group Accounts Group

Pay, national insurance tax etc.

Really new to all of this so sorry if this all seems obvious. How do i set up paying the directors and how do i set wages. Is it better to set wages low for the first year and the raise them or have the company owe directors/ employees money. How do I record what wages I am setting, is there a policy i should be writing?  Should i pay through PAYE will that system take care of things like NI, tax, sic pay etc? If the directors are also employees working on 0 hour contracts do i need several…See More
Mar 19, 2018
Brendan joined Heidi Fisher's group

Accounts Group

For any accounting related queries, including accounts software package questions, grants and trading income treatment, HMRC or Companies House queries/issues, tax reliefs for CICs, links to useful finance information etc
Mar 19, 2018
Brendan is now a member of CIC Association
Feb 27, 2018

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What is your postcode?
DE22 3UF
Name of organisation (if any) you are associated with?
The Ki to Nature
Is that organisation a CIC?
Are you interested in representing a CIC at the CIC Association AGM?
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