What's the difference between self employed and being a Director?

_MarkC

I'm pretty sure I have been mis sold PPI both on bank and CC loans over the past 10 years - but I'm looking at the Financial Ombudsman template to fill in, and Section D1 gives a number of checkboxes, including 'Employed', 'Self Employed', 'Director of your own company'.

My difficulty is this - I started a company in 1999 as a sole trader. This lasted for maybe 8 years before it became a Ltd co (of which I was Director). Once I became a Director, I started receiving a small wage (payroll) which I paid myself.

To complicate things further, I also started another company in the interim period between Sole Trader and Ltd - this other company started off as Ltd (and I plus 2 others were joint directors, paying a small monthly income under payroll.

My question, I guess, might be open to interpretation, but would I simply select 'Self Employed' for reclaiming any PPI taken out before I had any involvement as a Director?

And would I simply tick 'Director' for reclaiming PPI taken out during any Directorship? I'm guessing yes, but would I also tick 'Self Employed' in addition? Or even 'Employed' (as I was paying myself a wage through payroll/PAYE)?

Sorry for all these questions - I thought this was supposed to be easy!!

Mark

dunstonh

My question, I guess, might be open to interpretation, but would I simply select 'Self Employed' for reclaiming any PPI taken out before I had any involvement as a Director?

Its at point of sale that matters. Its what you were then.

I thought this was supposed to be easy!!

it is. Indeed, you can possibly save yourself some effort by ringing the insurer and asking them if they cover you or not. If they say yes, then there is no complaint. if they say no then you have a name, date and time to put on the complaint saying they dont cover you.