May you kindly advice on how directors’ emoluments are taxed. Are they included in calculation of PAYE or withholding tax is supposed to be withheld?
Directors Emoluments (payments made to directors) are taxed under PAYE. There is no withholding tax on them.
Advice given is for illustration purposes only and should not be relied upon for your tax planning or tax affairs. We recommend that you seek the advice of a suitably qualified accountant before making any tax planning decisions.