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by tonyedgecombe 2024 days ago
Why should single person companies be different than large corporations?

Why should directors be taxed differently from employees.

IR35 is a mess but there was undoubtedly a problem with disguised employment.

1 comments

Are directors taxed differently from employees? I've not been a director of a single person company but from what I recall (it's been a while) I didn't pay anything other than normal PAYE for being an employee/director. Of course as a shareholder you may be subject to other taxes but you can be a shareholder without being a director and vice versa.
You are correct, I should have said shareholders.