<p>As a <a href="https://goforma.com/limited-company/what-is-a-limited-company" target="_blank">limited company</a> director, you're classed as an office holder. You aren't automatically an employee at your company<strong>-</strong>even if you're the sole director and only person working in the business.<br></p><p>It's isn't mandatory to be set up as an employee at your new company. However, there are benefits to doing so if you aren't employed elsewhere, as you'll be able to take advantage of your tax free allowances.</p>
Do I need to be set up as an Employee in my new Company?
Written by Jordan MaceyAAT
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Our small business accounting guide walks through absolutely everything you need to know if you're considering starting a limited company. From different taxes, limited company advantages/ disadvantages, how to pay yourself, and what your key filing requirements are.
- When to register a Ltd company
- When to register for VAT
- How to take money out of your company
- Dividend tax rates
- Limited company expenses & corporation tax
- Annual accounts and deadlines
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