Income Levy rate for Ltd Co. proprietary directors?

ButtermilkJa

Registered User
Messages
660
Does the 'self-assessed' Income Levy rate apply to proprietary Directors of Ltd Co.'s or is it the regular PAYE rate?

In other words, if I'm taking a salary through PAYE do I need to back-date to January and use the 1.67% rate, or just continue on as normal and use the 2% rate from May 1st?
 
Continue as normal. The averaged levy figure is for those self assessed who will be producing a profit figure for an entire year ( which they won't have to do till next year) but you know how much pay you received at which time.
 
Back
Top