Salary frequency question

[rmmc]

I could very well be wrong, but I thought that it's considered wise to pay some NI in order to quality for a state pension.

If you above Lower Earning Threshold of £90 and upto £110 a week you can qualify for basic state pension without paying NIC.

[Platypus]

I could very well be wrong, but I thought that it's considered wise to pay some NI in order to quality for a state pension.

[rmmc]

Most common frequency for paying employees is weekly or monthly. However you can chose the frequency you like.

As you are paying above lower earning threshold, you have to file payroll year end forms, so you have to register for paye.

If the company may require to file P11D, expense and benefit forms, then you need to set up paye.

You can take a break from paying salary.

[zebedoo]

Hi

I work for my own Ltd company and intend to pay myself a salary of £5700 for 2010/11. Am I write in assuming that as I am paying myself under both the PAYE and NI thresholds and am a Director of the company, that it doesn't matter at what frequency I pay myself my salary? So, I can pay it annually, weekly or monthly if I like?

Also, do I have to register a PAYE scheme even though I am paying myself below the thresholds?

Finally, am I also right in assuming that if I am 'out of contract' with a client (ie the company is not generating sales), that I can take a break in paying myself the Director's salary, to reduce the costs that the Co is having to meet?

Thanks in advance for any advice.