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Directors Fees

  • Your Director’s Salary 25/26 – Everything you need to know

    Everything you need to know about your directors salary for 2025/2026.
  • Can I appoint a second shareholder?

    Adding a second shareholder is straightforward, but may create issues you should be aware of. If the procedure is not carried out correctly, HMRC may deem the appointment of a second shareholder as ‘income shifting’. This means transferring some of the taxable profits you have made to another individual with less tax liability, thereby reducing your own tax liability.
  • How is my National Insurance affected if I set a Directors Fee lower than the recommendation?

    If you set a director’s fee below £123 per week for 2024/25 and do not have any other income subject to National Insurance, this may affect your eligibility for future benefits.
  • Do I need a director’s fee in my company if my company is dormant whilst I work through an umbrella company?

    No - as you can potentially utilise your personal allowance to offset against income taxed at source by the umbrella company paying you.
  • Do I need a director’s fee in my company if I am captured by IR35?

    No - as you can potentially utilise your personal allowance to offset against income taxed at source when paid by your agency into your company.
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