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 What should i do!!!?
i got a new job, and so i gave a letter of resignation which served as a letter of notice of a month as per the contract, to the managing director of the company on the 10, the he refused to accept ...


 Why is there favouritism at work?
...


 Does E-Bay deliver to Middle Eastern Countries ?
The country i live in is called Bahrain and i was wondering whether ebay delivers here ......


 Why couldn't the analysts and other fund managers predict the downturn at Merrill and Lehman Brothers?
Is this a Ghost of year 2000 We have know the fraudulent practises of the 2000 in Enron and Worldcom, how could nobody realise the huge damage done in this period of hi tech information overdose and ...


 What is the difference between for profit and non-profit organization?
I know the difference between the 2 but I have a client that runs a charter school and he told me they are for profit organization. I'm wondering if the main purpose of the school is to make ...


 English Law. Does anyone know the law about addressing a letter to a company executive?
I want to know, if I address a hand delivered letter to an executive of an organisation, is the receptionist allowed to open it?...


 What number is 1-800-289-6383?
I found this on my bank statement. who is it? also says avl cd baby live ...


 Where can you find the addresses of managers and directors?
I am aware that the addresses of managers, directors, newspaper eds and the like are publicly available, but does anyone know where one can access such information?
Additional Details
PS....


 I have a shop with 4 employees I need to be in constant touch all the time. I need a cost effective way?
For example can I put in a computer with high speed internet and give
everybody seperate voip accounts or skype with bluetooths. Ineed something that is cost effective and reliable. I need ...


 When huge corporations lay of tens of thousands...?
...and probably rip off their pensions while they do it, doesn't it seem like a crime that the executives are given often tens even hundreds of millions as parting bonuses?

Watch what ...


 How to start an online business?
...


 When buying things do you look where its made?
With the way the economy is going right now I've found myself looking at more tags and boxes finding out where things are made before buying them. Of coarse I'm still stuck buying many ...


 Home Depot Then and Now?
Im trying to find information on how Home Depot was back then till now...what new things have evolved in the company?? Sort of like compare and contrast....I need help!!?...


 Who parks your BMW?
...


 Think of a number, ANY number from 1-249 and i will guess it. GO!?
and it cant be 7
Additional Details
ok here you go
67
or 98
or even 190...


 What is the definition of a multi-million dollar company?
is it minimum $2M in sales or an asset base of more then $2M?...


 What are the advantages of belonging to a professional association?
...


 Pros and cons: Should public schools be converted to for profit enterprises?

Additional Details
"Lucrative in the right hands" sounds like for-profit, but not publicly traded, but you're still thinking just private when you include non-profit ...


 Must environment take the second place to industry?
...


 A website of a major corporation that posts job openings?
...



A M
I run a private limited company with three shareholders.
Am I able to pay different amounts of weekly dividends to these shareholders?
Additional Details
The 3 shareholders are also employees. I would like to pay them different rates each week according to what they work. I would use their Personal Allowance first then use dividends to make up the short fall.
                     
 




certaxrugby
Dividends are per share, so in the first instance of they all own the same number of shares in the same class of share, the answer is no.

However there are two main ways round this if they want to receive different amounts of dividend (and the directors - who declare the dividend - are happy to do so).

Firstly you could award a different dividend on three successive days of different amounts. Two shareholders on each day would waive their dividend, just leaving the third person to get their 'different' mount. An example dividend waiver is here http://www.fowles.co.uk/DividendWaiver.htm.

However this is administratively complicated and so if you are able to issie dividends weekly it will likely be too much of a headache.

The secondf option is to break down the shares into different classes of share so that each shareholder has a different class (or "type") of share. Each of these classes can have the same voting rights and powers and share of ownership of the company - but you can then simply declare a different dividend for each class of share. This cuts down on the paperwork needed.

However you do need to watch out if you are issuing dividends weekly becaus ethe Revenue may seek to challenge it on the basis that these are not actually dividends but are in reality disguised salary payments. This would then bring then into the scope of PAYE/NIC - which is expensive! Make sure your paperwork is absolutely in order - recorded and signed directors minutes showing the award of the dividends and he underlying numbers showing that the company can in fact legally award them (beware of making illegal dividend payments - ie when you do not have sufficient distributable reserves), and make sure you issue dividend vochers each time showing the dividend and associated tax credit.

You really ought to talk to your accountant about this.


Steve B
Rating
I'm not sure I understand what you are asking ..

Dividends are paid 'per share' .. so if each owns the same number of shares, plainly they will receive the same dividend ..

However there is nothing to stop you employing them as 'consultants' or whatever .... (except a shareholders vote, of course)




Clive
Rating
Assuming that all shares are of the same class, each must attract the same dividend per share.

This problem could possibly be overcome by the issue of some 'A' ordinary shares that have no voting rights but still attract a dividend - at a different rate.

An alternative would be to have some shareholders waive part of their dividend but my knowledge on the tax treatment of this is pretty rusty get some advice if you decide to go down this road.


No N
depends, You're still on the loan ?. if not you can pay as much as you want. Let's say if you wanna pay more to some of the shareholder that worked in more projects the past week (so it wouldn't be fair the income to go solely in the company and shared equally to all of the shareholders) you can do it without fear even if the companies percentage is equal. But if you are on the loan you can pay only reasonable amounts of money, otherwise you might lose limited liability.

If the shareholders are not working for the company (something like investors) the income should be shared according to the percentage. However, still, you can't pay big amounts of money if you're still in the loan. in case of bankpracy you lose limited liability.

i don't understand exactly why you wanna do that, im into business and i could help you if you had some more details.


gompy_usa
Depends on the equity share/ percentage they have.


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