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To pay a dividend, you need to:
- Hold a directors' meeting to declare the dividend.
- Keep minutes of the meeting, even if you're the only director. For smaller companies, this may often be just a case of getting the paperwork completed.
- Issue dividend vouchers.
<p>To pay a <a href="https://www.goforma.com/tax/what-are-dividends" target="_blank">dividend</a>, you need to:<br></p><ul><li>Hold a directors' meeting to ‘declare' the dividend.</li><li>Keep minutes of the meeting, even if you're the only director. For smaller companies, this may often be just a case of getting the paperwork completed.</li><li>Issue dividend vouchers.<br></li></ul>