I have been offered a directorship of a client company (not agreed yet whether it is an executive or non executive role @2days per month). If I accept, how would I structure the fee/remuneration payable? Do I...a)Invoice the company as a self employed consultant (separate from my accountancy practice) and declare via my SATR, or b)Agree a remuneration and let it be paid via the client company payroll, therefore incurring PAYE. For clarity, I would be operating as an officer of the company and not an employee. I know HMRC have not been impressed with directors fees arrangements recently and would value any suggestions as to how to set up this arrangement. Many thanks in advance
5th Sep 2013
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Directors fee
Directors fee