Forum Message

Directors Wages

I am the director of a limited company that is VAT registered.
Each month I witdraw money from the company account for my wages.

How should I record these payments in Solar ?


Posted by Mark on May 13, 2011 11:01 AM BST

Hi Mark,

I think you should record this in the same way as for regular employee wages. See this page for details:
http://www.solaraccounts.co.uk/help/how-to-record-paye-and-ni-contributions.php

Regards,


Posted by Mark McLaren (Solar Accounts) on May 13, 2011 1:23 PM BST