Statutory notes employee becomes a director

Employee becomes a director, what remuneration is declared in accounts?

Didn't find your answer?

So, long term employee becomes a director 9 months into the company financial year.

In the statutory accounts disclosure notes, do we declare all wages as directors remuneration, or just wages for the final 3 months?

Replies (2)

Please login or register to join the discussion.

avatar
By paul.benny
09th Apr 2024 12:11

Just disclose remuneration after s/he was appointed director.

Thanks (2)
Replying to paul.benny:
RLI
By lionofludesch
09th Apr 2024 15:09

Yep - clue's in the wording.

Only include remuneration as a director.

Thanks (1)