Wage/Salary help

Accounting
1

I am a total noobie to this and appreciate any help.

I started my own limited company so as to be paid direct from the agency.

Which would be the best way to pay myself using quickfile?

I invoice the agency and they do a bank transfer. I then nees to pay myself a percentage of the payment so as to leave money in the business for running costs and tools, fuel etc.

2

You ought to talk to an accountant about this, there are various options for taking money out of your limited company with different tax implications. The payments from the company to you would need to be accounted for either as a salary (with the company deducting PAYE and NI) or as a dividend on the company’s post-tax profits.

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