Tax implications on Secretary

[rootsnall]

Self assesment ! Why were you paying him or have I missed something. I thought if you weren't paying for the role it was basically just a signatory role and the tax man didn't need to get involved at all as far as they were concerned

Yes, I made him a director also to pay him some divis, saved a bit of tax but wasn't worth the aggro. It was the director bit that caused the self assesment. I'm just pointing out that involving oldies in things that require them to sign things can make them worry. I've now got a wife to sign things she doesn't understand so it's not a problem anymore.

[swebb]

Yes, I made him a director also to pay him some divis, saved a bit of tax but wasn't worth the aggro. It was the director bit that caused the self assesment. I'm just pointing out that involving oldies in things that require them to sign things can make them worry. I've now got a wife to sign things she doesn't understand so it's not a problem anymore.

Ah ok catch your drift thanks for that. My mother will just be signing for the opening of the bank account and the year end accounts. So like other have said should not be caught up in anything tax based that the IR would be interested in.