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Self assesment tax return for an LTD director/employee

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    Self assesment tax return for an LTD director/employee

    Hi all,
    my situation:
    I am:

    Director of my own LTD CO - no salary.
    Shareholder of % of shares of my own LTD CO and getting dividend.
    Employed by my own LTD CO with yearly salary.

    All those are pretty standard - most of us do it this way.

    In the online tax return there are questions:

    Were you an employee, director, office holder or agency worker?* YES

    How many employments or directorships did you have?*

    Now, what is the answer of the second one: 1 or 2?
    I am in one employment and also being a director.
    Last edited by garnet; 21 May 2014, 15:23.

    #2
    The answer is 1
    Blood in your poo

    Comment


      #3
      Your directorship/employment are one and the same. What you really mean is you are a company director with a contract of employment, right? Answer is "1" and fill out your salary. All fairly simple.

      Comment


        #4
        Originally posted by Sausage Surprise View Post
        The answer is 1
        WSSS

        Comment


          #5
          Originally posted by TheCyclingProgrammer View Post
          Your directorship/employment are one and the same. What you really mean is you are a company director with a contract of employment, right? Answer is "1" and fill out your salary. All fairly simple.
          Yes, I am CO director with contract of employment.

          So it is 1. Is there anything else to know: Under employment section along with the salary figure there is a question if I am CO director and if this is a close company. I guess the answer is 'yes' to both.

          Thanks all.

          Comment


            #6
            Originally posted by Craig@InTouch View Post
            WSSS
            What does it mean?

            Comment


              #7
              Originally posted by garnet View Post
              What does it mean?
              What Sausage Surprise Said.

              And to answer your other question, Yes to both.

              Comment


                #8
                Originally posted by TheCyclingProgrammer View Post
                What Sausage Surprise Said.

                And to answer your other question, Yes to both.
                WCPS

                Comment


                  #9
                  Originally posted by Craig@InTouch View Post
                  WCPS
                  WCITS
                  Blood in your poo

                  Comment


                    #10
                    Thanks all.

                    Comment

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