Salary for director

I have a sole director ltd company started in Oct 12. I did not earn any other income in the financial year. I intend to take a salary of £7440 from the company paid equally into 6 months of this financial year. Does this mean I wont have to pay tax or NI and get NI credit for the year ?  Any advice appreciated.

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Euan MacLennan |
Euan MacLennan's picture

Hi Euan

AT2013 |