Quote:
Originally Posted by Peter W
If the director does not have a separate employment contract with the company, then he is not an employee and issues like the National Minimum Wage do not apply. The person is just occupying the position of company director, for a small salary.
|
That all sounds good in theory, but in reality I would think 90% of
directors work for the company too.
Yet, I've never seen an accountant mention this, they always say just
take the £5,400