Can the Director leave the payroll but not leave the directorship? Is it possible?
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Hey,
You can issue a P45 for the director, that is correct.
They can remain a director of the company and not remain on the payroll.
Thanks.
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Hey MD15,
You can mark a Director of the business as a leaver on your payroll. This will have no affect of the Directorship.
Within the payroll it is only needed to be noted as being a director often affects the National Insurance deductions.
Hope this helps.
Thanks
Thank you James for the reply.
One more quick question, so I can then issue P45 for the director?
TIA.
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