Paying directors - salary above the Secondary threshhold - Is there any advantage as far as state pension is concerned?
For 2011/12 a salary of £589 to the director/shareholder would attract no National Insurance at all. But entitlement to the Statement pension is still secured because it is above the LEL.
Is there any disadvantage, as far as the State pension is concerned in the company not paying the Employers NI?
Also is there an advantage with regards to the state pension in paying a salary above the Primary threshhold?
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