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Post Info TOPIC: Overdrawn DLA
Leger


Master Book-keeper

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Overdrawn DLA
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Just a quick check to put my mind at rest.  If a company makes 5k profit but there's an £8k overdrawn dla, I can use 4k of dividends to reduce the dla I believe?

It's the first one I've had that's been overdrawn so I'm just double checking.



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John 

 

 

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Artois


Guru

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Hi John

As far as I am aware as long as there are sufficient profits then the declared dividend can be used to reduce the DLA



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Doug

These are only my opinions of how I see things and therefore should not be taken as advice
Leger


Master Book-keeper

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Date:
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Thanks Doug

 



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John 

 

 

 Any advice given is for general guidance and professional advice should be sought applicable to your circumstances.
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