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CSA Advice

Does CSA take into account money tied up in business?

I have just had the new csa info through the post. I am currently on benefits and want to pay direct as I have been for the last year when I was working.and I was upto date then I signed on. But I was reading through the new paper work and it’s talkin about if u are a director of a Ltd company they can take the gross income of the business as how they work out what you owe and they don’t deduct for capex or corporate entertainment.

In the industry I have my Ltd company I need to hold business dinners and entertainment to get contracts for work and I also need to buy tools and equipment. Also I need to keep money in the business for the business. I only take a small amount from the business and money’s coming in could be months in between.I could work 3 or 4 months a year. If this is the case I will have to pay csa for money that is not mine and it will cripple my business. Have I understood this correctly and what are my options. Any help would be greatly appreciated.

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