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Old 23-06-2008, 08:07
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James Smith James Smith is offline
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I can confirm that NMW doesn't apply to company directors so long as you don't have an employment contract. Moreover long as you do your dividends properly there isn't much HMRC can do about this strategy. Of course if you don't bother and just take money out willy nilly all year you will inevitably hit problems as some of my clients find out rather painfully!
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