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LTD Comp - Director - taking salary

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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canon123
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Posts: 275
Joined: Sun Oct 25, 2009 9:51 am

LTD Comp - Director - taking salary

Post by canon123 » Mon Aug 27, 2012 9:05 am

I got a LTD Comp - Director and 100% share holer.

I am only taking salary from the company. already registered as employee of my company and paying NI and Paye tax every month

Now in this forum some are suggesting to register ourselves as self employed and also pay class 2 NI etc

please provide suggestions and facts on this, thanks in advance
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canon123
Member of Standing
Posts: 275
Joined: Sun Oct 25, 2009 9:51 am

Post by canon123 » Tue Aug 28, 2012 9:30 am

any suggestions
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gaurav76.5
Member of Standing
Posts: 422
Joined: Thu Jul 21, 2011 12:21 pm

Post by gaurav76.5 » Tue Aug 28, 2012 10:28 am

you will need to register for self assessment (using form SA6) but not for self employment and you also don't need to pay class 2 NI
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