Director self assessment

SussexAccountancy

Hi

Can someone confirm - I have a client who went from self employment to Ltd three quarters through a year. Once a Director, he did not take any salary, just a one-off dividend.

As a Director, he has no taxable benefits to declare etc - the only income from this period is the dividend payment.

Do I need to fill in the employment page? I am assuming not, as the page will not allow me to leave £0 figures in employment earned/tax to date (as per P60 - which he doesn't have, not having earned anything, as per his payroll bureau.) Or is there someway round this, and I need to register him as a Director for this financial year, even with no salary etc?

Thanks for your help,

JodieR

I think that this was a requirement years ago but isn't any longer. Probably because HMRC got sick of people sending in a tax return with 30 supplementary employment pages declaring all their directorships with zeros in the income box. If you're worried about it then just put a note in the white space saying that he was a director of XYZ Ltd but no salary was paid in this tax year.

FoxAccountancyServices

Hiya

No, there is no need to fill out the employment pages. Just self employment and UK dividends.