Hi,
gurrano2: You are employed in HRMC point of view. Recently UKBA has removed the question where it asks whether you are employed/self employed etc.,
Also since you are director (i.e) employed you should not register has self employed with HRMC.
What is a company director liable for?
For NI purposes, a company director is classified as an
office holder.
Under Section 2(1) of the Social Security Contributions
and Benefits Act 1992, (In Northern Ireland,
Section 2(1) of the Social Security Contributions and
Benefits (Northern Ireland) Act 1992) an office holder
is liable for Class 1 NICs provided the earnings received
from that office are chargeable to Income Tax as
employment income.
Please go to Page 5, Section 4:
http://www.hmrc.gov.uk/nitables/ca44.pdf
@bs52: Please dont hijack somebody's question. If you are limited company director your salary + Dividend will be considered. Both the accountants are correct in their judgement. For "Legal" dividends to be declared you need to ensure you have offset 20% corporation tax + 10% Dividend tax (which u can claim as Net dividend)
I try to give honest answers, however I might be wrong, kindly always check with your solicitor/accountant for final confirmation