How do we treat a Company Director who is also employed in another firm.

Hi,

 

Please I have a new client who is the sole director of a Limited Company. Moreover in the year he works 'tactically' in a marketing company and get paid on a weekly basis on his NI and with pay slips. Most times his weekly pay is below the tax threshold and he doesn't pay taxes. The old accountant lumps his payment from the tactical campaigns with his salary as a Director to compute his accounts (CT & Self assessment). Is this right? 

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yes

pauld |

does that mean?

Paula Sparrow |
Paula Sparrow's picture

Keep company and director tax returns separate

petersaxton |
petersaxton's picture