In advance dividends for mortgage?Make Text Bigger
I’m writing with a question, as there is nowhere I can get the answer.
I’m interested in a First Time Buyer Mortgage and I’m a director of my own company for the last 4 years.
I have Annual Accounts for 2016 already, and it’s not showing much for dividends taken.
Now to be able to take the right mortgage I have to declare right salary from company, self employment and dividends and show it on the Self Assessment.
Can I declare dividends in advance for the end of company year 2017 when it comes to personal Self Assessment for 2016/17?
How would the banks look at this situation?
I would be grateful for any answers.
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