jac List
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Non residents directors pay
I am a non resident director and shareholder of a private limited U.K. company. I am a British citizen meeting the statutory tests for non resident The company is managed by a U.K. resident director I do not perform any actual work in the U.K. or my country of residence. If I draw a directors salary of £12000pa I believe a U.K. sourced directors salary is taxable in the U.K? although this within the tax free personal allowance, as a non resident are NIC due? Should this be paid via PAYE? If I was to take dividends would they be taxable in the U.K or could they be disregarded? Thank you