Posted: Mon Mar 26, 2007 1:16 pm
If I am named as company secretary, but am only paid in dividend, how will an IVA work with this?
Hi l12
Can you be more specific as to your enquiry? Is it you who is thinking of proposing an IVA? If so, to receive a dividend you must also be a shareholder of the company. The dividends you receive will be treated as your income within an IVA.
Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk