Help Centre

Director's Salary

As a taxpayer you have a personal allowance. This is money you can earn each year without paying any tax.

In the current tax year the personal tax-free allowance and the National Insurance free allowance differ. The most tax efficient salary to take is anything up to the National Insurance free allowance.

By drawing a salary up to this amount you will not pay any tax or National Insurance on this proportion of your income.

You can take this allowance through your company’s PAYE scheme as a Director’s Salary.

Did you find it helpful? Yes No

Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.