Am I Employed or Self Employed: If I have a Limited Company

Q. I Work through My Own Company Which Pays me a Salary and Dividends, but I’m Confused as to Whether I Should Classify Myself as Employed or Self-employed.

 

A:From a tax point of view, and legally, you are an employee of your own company, so you are employed. However, if you are applying for a loan or a mortgage the lender may treat you as “self-employed” as you are in control of your own income.

 

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