Definition

[Burdock]

Just been on the phone to bank, and they asked about my job.

I said I was 'self-employed'. Or should I have said 'employed' (i.e. by my limited company).

Sorry if this has been covered ad nauseam.

[VectraMan]

You're a company director.

"Self employed" to me means "sole trader", but I'm not sure if everybody sees it that way.

[Burdock]

does being 'company director' make you employed by your limited?

[VectraMan]

I think it's a bit misleading to say you are an employee, even if it's technically true.

My bank still have me down as an employee for my old permie job and the salary I was on about 5 years ago. They've never asked, so I've never told. I'd be a bit worried that if I did they might decide I was a greater risk and take away my overdraft facility and make it harder to take out loans. Not that I need to these days, but I like having options.

[mrdavies]

This is a good question I've been meaning to ask for a while.. when I got my last tenancy agreement I was unsure what to put down, I had no end of aggravation as the retard letting agent couldn't really deal with someone who wasn't either employed or unemployed sorted in the end just a right bunch of arse at the time.

If i put down i was Employed, they then ask for last 3 months payslips.. which of course doesn't reflect my true income..

If I had put down self-employed then they want last years accounts, which I hadn't got as I have not been running myco for that long..ended up with using a guarantor which was tulipe

Luckilly I'm earning so much feckin cash right now i have no need for credit cards, loans etc