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Search results: 5 article(s) found in topic: Directors pay and benefits - keyword: Minimum wage

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DIRECTORS’ REMUNERATION

Pay trap for company owner managers

You intend to increase your salary in April 2017, but for tax reasons it will still only be around £10,000 per year. Based on the hours you work, that’s below the national living wage (NLW). Is that something you should be concerned about? More...

DIRECTORS’ PAY

Time spent in the director’s chair

One of our subscribers has been told that because directors often spend most of their time on employment duties and not “directing” their company, the National Minimum Wage (NMW) legislation applies. Could this be a problem for you? More...

NEWS - MINIMUM WAGE

Minimum wage up again

DIRECTORS’ PAY

A director’s minimum wage

You might not have a contract of employment so that you can avoid paying yourself the National Minimum Wage (NMW). However, might there be a tax advantage in a director actually having one? More...

MINIMUM WAGE

Can’t I pay them what I like?

Like many company directors, you employ family members from time to time. So as they’re your flesh and blood, presumably you don’t have to worry about paying them the minimum wage? More...
Last updated: 29.05.2020

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