If a Director/Shareholder decide not to take his/her salary for a period of time but still performs his/her duties during that period and let the Company owe the money to him/her; how do you correctly put this in the books? The time sheet submitted state the hours worked, but he/she does not claim it. What is the tax implications on the money that the Company owe to him/her? Do you put it against a loan account or does it form part of his/her Share Capital?