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Director invoicing for services rather than dividend
bambam_2
Posts: 163 Forumite
Can anyone advise?
A company director, rather that take a dividend which would I understand be after tax on profits, wants to invoice for services to a company. What are the restrictions?
They do a genuine amount of consultancy work but are post retirement age and don't like the idea that the company has to pay NI for them when they receive a salary.
A company director, rather that take a dividend which would I understand be after tax on profits, wants to invoice for services to a company. What are the restrictions?
They do a genuine amount of consultancy work but are post retirement age and don't like the idea that the company has to pay NI for them when they receive a salary.
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