How much minimum PAYE per year to stay above the radar ?

**Moscow Mule** · 6 October 2008, 14:43

Originally posted by Andy2 View Post

Yawn

Sandy, you're back! Any mutton recipes to share?

**2uk** · 6 October 2008, 14:55

But what do you guys do ?

It is tricky ..

accountant says 931.13 per month ....

**DiscoStu** · 6 October 2008, 15:02

Originally posted by 2uk View Post

But what do you guys do ?

It is tricky ..

accountant says 931.13 per month ....

Do that then.

**Chugnut** · 6 October 2008, 15:11

Originally posted by 2uk View Post

But what do you guys do ?

It is tricky ..

accountant says 931.13 per month ....

That sounds very risky to me. 931.54 would be much safer.

**2uk** · 6 October 2008, 15:44

Originally posted by Chugnut View Post

That sounds very risky to me. 931.54 would be much safer.

Are you able to reason normally ?

**2uk** · 6 October 2008, 15:45

Originally posted by DiscoStu View Post

Do that then.

Disco , you speak to me again

**ASB** · 6 October 2008, 16:20

Originally posted by 2uk View Post

Disco , you speak to me again

1) If you do not have a contract of employment the you do not need to pay NMW if you are a director.

2) If you do have a contract of employment then you need to pay NMW for hours worked under it.

3) It is conceivable you do have an implied contract of employment even if no written one exists.

In any event I wouldn't imagine it making any difference to whether you get an investigation or the results of it. The only difference that HMRC will see are some slightly larger figures (but still small) on the P35 and in the annual accounts.

**2uk** · 6 October 2008, 16:27

Originally posted by ASB View Post

1) If you have a contract of employment the you do not need to pay NMW if you are a director.

2) If you do have a contract of employment then you need to pay NMW for hours worked under it.

3) It is conceivable you do have an implied contract of employment even if no written one exists.

In any event I wouldn't imagine it making any difference to whether you get an investigation or the results of it. The only difference that HMRC will see are some slightly larger figures (but still small) on the P35 and in the annual accounts.

But my P35 has the ammount of PAYE paid ... I think it is an extra sheet the accountant supplied to the HMRC....

As a director of the Co , it can be argued I worked throughout the existence of the Co ?!?! Is that so ? If so then the wise way to pay PAYE should be to keep it just above 12 months at NMW ..... which is 11 000 about....

**ASB** · 6 October 2008, 16:32

Originally posted by 2uk View Post

But my P35 has the ammount of PAYE paid ... I think it is an extra sheet the accountant supplied to the HMRC....

As a director of the Co , it can be argued I worked throughout the existence of the Co ?!?! Is that so ? If so then the wise way to pay PAYE should be to keep it just above 12 months at NMW ..... which is 11 000 about....

Typo in number 1. It should have said "do not". Why not just check what it says about NMW for directors on the DTI web site? (And on here every other day).