From April 2014, there is a new way to pay Limited Company Directors, but it’s not as easy as it used to be. Due to the introduction of the £2000 employment allowance, there are now several ways of getting paid. In the past it has always been recommended that directors receive a salary at just below the threshold for paying employers and employees NI. As qualifying companies can now reclaim up to £2,000 of employers NI (not applicable to employees NI), then national insurance is no longer an issue.

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