Thank you very much Sheraz and republique for your reply. I might have forgot to mention some information which at first thought irrelevant. Now, I'm not sure anymore. Before I started the company 5 months ago I resigned from my previous employer so during the 2 months gap (between changing the empl...

Hi, I am on tier1 general. I am working full time at a company and pay tax through the company PAYE scheme. However, in June last year, I resigned from my previous employer and have two months gap before starting the work with my new employer. During the two month gap, I set up a limited company (I'...