Managing money in a Limited company can be confusing. In this episode, Nicola clarifies what belongs to the business and what belongs to you. She explains the difference between taking a salary, dividends, or a director’s loan; how to structure your pay to be tax‑efficient; and why using the company bank account as a personal spending pot is a bad idea. You’ll also learn about bookkeeping basics for tracking receipts, paying expenses, and recording transactions. With her approachable style, Nicola helps you understand how to pay yourself confidently and comply with HMRC rules. If you’ve ever wondered how to take money out of your business without getting in trouble, start here.What You’ll Learn:•           How to pay yourself as a director using salary, dividends, and loans.•           The importance of separating company and personal finances.•           Common pitfalls and how to keep good financial records.Resources & Links: I’ve written a book that expands on the topics in this podcast and comes with a companion guide. Learn more at www.thenumbersquarter.co.uk/book. About the Podcast: The Balanced Business – The Director’s Handbook is a 12‑part podcast series hosted by Bedford‑based Chartered Accountant Nicola Hageman. Designed for UK small business owners and company directors, the podcast explains how to run a Limited company with more clarity, confidence, and control. Each episode covers a practical topic – from choosing your business structure and staying compliant with HMRC to budgeting, VAT, systems, and delegating. The series is based on Nicola’s book and companion guide, available at www.thenumbersquarter.co.uk/book. About Nicola and The Numbers Quarter: Nicola Hageman is the founder of The Numbers Quarter, a friendly and approachable accountancy practice based in Bedford. She specialises in helping owner‑managed businesses grow their profits, plan for the future, and reduce stress. Nicola is known for her plain‑speaking advice and passion for aligning personal and business goals. Connect with Nicola: Instagram – www.instagram.com/nicola_hageman LinkedIn – www.linkedin.com/in/nicolahageman Website – www.thenumbersquarter.co.uk ...

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