S
stevodo
Guest
Hi, i've set up a company with a friend which we are running part time away from our day time jobs. We are both directors.
We are now in a position where we can start taking money from the company.
How do we do this without paying the full whack tax...ie, PAYE and PRSI.
Can directors take profits less corporation tax? Is this still liable for PAYE and PRSI?
Thanks.
We are now in a position where we can start taking money from the company.
How do we do this without paying the full whack tax...ie, PAYE and PRSI.
Can directors take profits less corporation tax? Is this still liable for PAYE and PRSI?
Thanks.