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Thread: Spousal Visa and N.I. Stamp

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  1. #1
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    Quote Originally Posted by PeterB View Post
    Errmmmm. Shouldn't you be operating PAYE? Your NI should be collected as part of your PAYE payments.
    Hi PeterB,

    A Limited company is different than PAYE.
    I submit invoices for services rendered, then corporation tax of 20% is payable at years end. Of course there are allowances that are due to me that come out of the corporation tax.

    PAYE is for empoyees but I am a one man band with no employees.

    WHOOPS _ Just noticed your post above, but will leave this one in. Cheers


  2. #2
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    Quote Originally Posted by aposhark View Post
    PAYE is for empoyees but I am a one man band with no employees.
    ... but, normally, a director is considered to be an employee of the limited company.

    It sounds to me as though you are treating yourself as self-employed, but contracting your services to the company of which you are a director.


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