Claiming just dividend no salary

[xpscapable]

Hi,

I operate through my own limited company. I just found out that my dividend is enough to cover my claims.

Because the salary component of my income is minimal, can I just claim on the basis of the dividend income? Without the salary?

[republique]

Hi,

I operate through my own limited company. I just found out that my dividend is enough to cover my claims.

Because the salary component of my income is minimal, can I just claim on the basis of the dividend income? Without the salary?

yeah but why do so, just claim both

[xpscapable]

Too much documentation to submit.

I figure the less documentation the better it would be.

Also because my payslip include both my salary AND expenses. I have to provide a spreadsheet to show the income & expenses. This is too complicated.

[republique]

Too much documentation to submit.

I figure the less documentation the better it would be.

Also because my payslip include both my salary AND expenses. I have to provide a spreadsheet to show the income & expenses. This is too complicated.

Well that might backfire and bite you in the mule
because the HO is accustomed to people taking a low salary and dividend through a ltd company
although it is completely legal to just take a dividend, they might get flustered if you dont'submit the salary with the dividend and explain it properly
so think it all through
not what is easier for you
but what would make the ho comfortably in approving you

[xpscapable]

Hmm good point. Anyone else here claim just dividend without claiming salary?

[tear1]

Hi

I submitted my busines statement as proof of maintenance funds. Is it right thing to do ? Please advise

I am the only director of the comapny. Prompt reply will be appreiated.
Thanks