Hello,
As part of setting up a regular pension contribution I have been asked firstly whether I am employed or self-employed and secondly what my current annual "relevant UK earnings" are. Reading around, there seem to be conflicting messages around whether a company director in a single man company is classed for tax purposes as employed or not. What should I be saying I am? I operate outside of IR35 if that makes any difference.
Will my relevant UK earnings then be my salary (ie £8,060) or the company earnings?
I was just a little worried that putting the wrong information on this form will affect my tax position.
Cheers!
As part of setting up a regular pension contribution I have been asked firstly whether I am employed or self-employed and secondly what my current annual "relevant UK earnings" are. Reading around, there seem to be conflicting messages around whether a company director in a single man company is classed for tax purposes as employed or not. What should I be saying I am? I operate outside of IR35 if that makes any difference.
Will my relevant UK earnings then be my salary (ie £8,060) or the company earnings?
I was just a little worried that putting the wrong information on this form will affect my tax position.
Cheers!
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