Director Renumeration - PAYE

[lilelvis2000]

Hello everyone. I understand that I can pay myself a Director's renumeration - which would not be a salary and I would not be an employee. But it would not fall under NMW not matter how many hours I work.

What I'm asking is that will I still need to fill out the p11d, p60 etc..if I am paying as a directors fee and the rest as a dividend

Also even if I am an employee..Could I not say that I work only 1 hour a month as an employee..and the rest of the hours are on a volunatry basis? I could even put this in minutes could I not?

help.
Elvis

[Bradley]

Re:Message to The King

What I'm asking is that will I still need to fill out the p11d, p60 etc..if I am paying as a directors fee and the rest as a dividend

Yes

Also even if I am an employee..Could I not say that I work only 1 hour a month as an employee..and the rest of the hours are on a volunatry basis? I could even put this in minutes could I not?

No
NMW is only an issue if there is a contract of employment.

[xoggoth]

Re: Re:Message to The King

Agree with Bradley. No escaping P11D etc. and who would want to?, filling in forms is certainly the most exciting thing in my life.

[DodgyAccountant]

Renumeration

No ideas on renumeration.

Try remuneration.

HTH

DA