Self assesment tax return for an LTD director/employee

[Zero Liability]

Get an accountant, is the usual answer to this type of question...😪

Aka WNLS

[Scruff]

Get an accountant, is the usual answer to this type of question...😪

[kevpuk]

WMOLEHS





(what more or less everyone has said)

[garnet]

Thanks all.

[Sausage Surprise]

WCPS

WCITS

[Craig@Clarity]

What Sausage Surprise Said.

And to answer your other question, Yes to both.

WCPS

[TheCyclingProgrammer]

What does it mean?

What Sausage Surprise Said.

And to answer your other question, Yes to both.

[garnet]

WSSS

What does it mean?

[garnet]

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.

[Craig@Clarity]

The answer is 1

WSSS

[TheCyclingProgrammer]

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.

[Sausage Surprise]

The answer is 1

[garnet]

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.