Directors Salary from April 2019
From April 2019, we recommend directors take a monthly salary of £719. This salary ensures you receive a “qualifying year” of National Insurance Contributions towards your State Pension, but without the need to pay any contributions. This salary is also below your Personal Allowance of £12,500 for tax purposes.
If you are taking a directors salary you will need to submit “Real Time Information” (RTI) to HMRC. We can help you with this, just give us a call on 01273 739 592 and ask to speak to the Payroll team.
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Coronavirus (COVID-19) update
As a valued member of our community, we appreciate the trust you place in us to make sure all your critical services continue.
We are committed to an evidence-led and common-sense approach to containing the coronavirus outbreak and mitigating its impact on employees, customers and our wider business operations.
Please be assured we are preparing for our services to continue as normal. We have business continuity plans in place to minimise the risk of infection and make sure we can continue to deliver a business-as-usual service to our customers should an infection occur at an office. These include implementing clear guidelines for employees, providing support and advice for anyone who needs to self-quarantine, and issuing guidance on following safe hygiene practices across the organisation.
You can find further information on Covid-19 below to keep you updated:
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