We'd like to remind Forumites to please avoid political debate on the Forum... Read More » This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Paying yourself from a LTD company as freelance?

seismicryan · 2010-07-16 14:26:04

Hi Guys, Firstly I'd like to say I'm going to discuss this with my accountant next week but I wanted to see if anyone here has done the same thing I'm thinking about before I go to the accountant... I am MD of a LTD company, set up just under 2 years ago... as yet we have not paid any salerys or dividends... mostly because…

Options

Comments

Procrastinator333 Posts: 1,694 Forumite

17 July 2010 at 11:47AM

I can't really see how the directors wouldn't be employees and be subject to NI and PAYE.

Folow the pages on HMRC and there is an employee vs self employed test set of questions. I don't see how you can answer the questions honestly and not come out as employees though....

http://www.hmrc.gov.uk/calcs/esi.htm

0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

Paying yourself from a LTD company as freelance?

Comments

Confirm your email address to Create Threads and Reply

🚀 Getting Started

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free