NIC concession for non-resident directors of UK company

Produced by Tolley in association with Jim Yuill at The Yuill Consultancy
NIC concession for non-resident directors of UK company

The following Employment Tax guidance note Produced by Tolley in association with Jim Yuill at The Yuill Consultancy provides comprehensive and up to date tax information covering:

  • NIC concession for non-resident directors of UK company
  • Non-resident directors and NIC ― general position
  • NIC concession for non-resident directors outside the EEA

Non-resident directors and NIC ― general position

Directors of a UK limited company are office-holders and treated in the same way as employed earners for NIC purposes by virtue of SSCBA 1992, s 2(1). A shadow director ― someone who acts as a director but has not been appointed as such ― is treated in the same way. A director of a UK company who is resident abroad shall have their NIC liabilities assessed in the same wa

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