If you're the director of a limited company, you're also considered an employee. As such, you may pay yourself a salary through the PAYE scheme-which is similar to how other employees of the company receive their pay.
You'll need to register as an employer with HMRC (even if you're only employing yourself as the sole director of a limited company), set up and run payroll, report to HMRC and abide by HMRC's record keeping requirements.
<p>If you're the director of a <a href="https://goforma.com/limited-company" target="_blank">limited company</a>, you're also considered an employee. As such, you may pay yourself a salary through the PAYE scheme-which is similar to how other employees of the company receive their pay.<br></p><p>You'll need to register as an employer with HMRC (even if you're only employing yourself as the sole director of a limited company), <a href="https://www.gov.uk/paye-for-employers/setting-up-payroll" target="_blank">set up and run payroll</a>, report to HMRC and abide by HMRC's record keeping requirements.</p>
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