National insurance contributions -ILR

[chaitumkr]

Hi ,

I am limited company director and self employed.i am taking minimum salary 663 pounds each month and dividends. Do i need to pay NI? My ilr due in few months, so please any one answer me

Regards
chaith

[Malik44]

https://www.gov.uk/employee-directors

[aliq09]

Hi ,

you are paying yourself minimum pay which will attract no NI , will NOT effect any thing from income point of view as long as your pay ( exact amount ) and Dividends are coming from your business to personal accounts. I recommend to take an accountant letter for minimum pay explaining no NI attraction in case they require some proof .

[chaitumkr]

Thanks Ali.

[rahulpc]

hi all
can anybody please tell me if I need to pay NI CLASS 2 even if I only paid myself quarterly dividends and no salary as a director of a limited company???
is that going to be a problem if I have not paid NI CLASS 2 when i submit my ILR (O) application??
Many thanks in advance.