Can you please clairify if I am Employed or Self-employed ?, Since i was considering me as a Employed & Self Employed but from below article i can understand i am a employed only.
http://www.danbro.co.uk/self_employed_o ... ed_company
I am a director for my limited company which is business classified as IT Consultancy, and I am holding 50% shares.
1. I work for Bank client, where i get sales/Income every week for my Ltd company.
2. I am taking salary every month as a Director.
3. Takes dividends every month (after exlucing Expenses and Corp Tax amount)
4. I am paying PAYE(Income Tax+Emp NI+Emplr NI) every month ,VAT every quarter & corp tax annually to HMRC.
I was in impression that I am taking dividends hence considering myself as self-employed, which i realised now as wrong assumption.
Highly appreciate if experts clarify if i am Employed only or Employed+Self Employed.
Also another query regarding Job title w.r.t to UKBA applicatin form.
1. I need to mention Job Title as "Director" (which is same as mentioned in payslips)
2. I need to mention Job title as "IT Consultant"/"Consulting service"(my contract letter with client says "Consulting service")
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