Question from an individual in Leicester
- Created on
- Mon 14 January 2013 6:35pm
- Region
- Leicester
- Type
- Individual
Hello, I require some assistance regarding director’s national insurance.
I am a contract airline pilot and have set up a Ltd company in the Republic of Ireland as a vehicle to receive my remuneration and pay tax/social insurance (This is a condition of my current contract with my contracting agency Brookfield).
As of this month with the change in EU legislation last year, I am now liable for UK National Insurance instead of Irish social insurance, as I am a permanent resident of the UK. The accountants that I currently use in Ireland are unable to calculate and process UK National Insurance and now I require some expertise on the subject here in the UK.
I have contacted the UK HMRC and they state that I am only liable for UK National Insurance and that I should register my company for PAYE, however they have also informed me that I am not only liable to pay employees NI, but also employers NI on top. Since my Ltd Company in Ireland has no funds of its own (I simply draw all of my earnings being a co
I am a contract airline pilot and have set up a Ltd company in the Republic of Ireland as a vehicle to receive my remuneration and pay tax/social insurance (This is a condition of my current contract with my contracting agency Brookfield).
As of this month with the change in EU legislation last year, I am now liable for UK National Insurance instead of Irish social insurance, as I am a permanent resident of the UK. The accountants that I currently use in Ireland are unable to calculate and process UK National Insurance and now I require some expertise on the subject here in the UK.
I have contacted the UK HMRC and they state that I am only liable for UK National Insurance and that I should register my company for PAYE, however they have also informed me that I am not only liable to pay employees NI, but also employers NI on top. Since my Ltd Company in Ireland has no funds of its own (I simply draw all of my earnings being a co
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