Director's withdrawals from a limited company

UK Discussion in 'General Accountancy Discussion' started by Barca, Jun 6, 2018.

  1. Barca

    Barca

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    If there is more than one director in a limited company, can the directors make withdrawals without them being part of a salary, dividend, loan or expense claim?
     
    Barca, Jun 6, 2018
    #1
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  2. Barca

    Becky Administrator

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    Nope, don't think so. I guess they could steal from the company, but that would be illegal.
     
    Becky, Jun 7, 2018
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    Fidget likes this.
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  3. Barca

    AsimKuddoos

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    No.
    Director must prove the reason of withdrwal
     
    AsimKuddoos, Jun 10, 2018
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