Member Since: 13th Apr 2000
24th Mar 2014
What about the Director who has Other Income to cover his £10k Personal Allowances.
Has enough Pensions Credits to qualify for a full State Pension.
In 2013/14 you would have put him on a payroll at the top of the Nil Band Rate even though there was no tax savings between Salary and Dividends because he would qualify for SSP. Which as a small company he could fully reclaim.As from the 6 April 2014 this is now not possible.
This employee you would now not put on the payroll but pay only dividends.