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Director Salary -

the director’s gross salary (net salary plus employee national insurance and employer national insurance) is a deductible business expense. You pay Income Tax on your earnings in the same way as other employees. However, your National Insurance contributions are worked out over an ‘annual earnings period’; from 6 April to the following 5 April ; rather than over the normal weekly or monthly periods that apply to other employees. This is to make sure you pay the right amount of National Insurance contributions.

 

Our locationsWhere to find us?
London: Kemp House, 160 City Road, EC1V 2NX
Cambridge: Allia Future Business Centre, King Hedges Road, CB4 2HY
Manchester: First Floor, Swan Buildings, Swan Street, M4 5JW
Get in touchSmart Social links
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