Limited-company directorsBusiness structure

Why must company and personal money stay separate?

I own the company, so why is moving money casually a problem?

About this guidance: My Business Path prepared and reviewed this general guidance as a practical starting point. It is not advice tailored to your circumstances. Check current official guidance or ask a qualified professional when the decision depends on your circumstances.

Prepared by My Business Path

Report

Practical guidance

1 practical responses

My Business Path starting point

The company is a separate legal person. Record salary, expenses, dividends, loans and reimbursements correctly so accounts and director obligations remain clear.

My Business Path

Report answer

Want to answer? Request contributor access.