amazingtrade
Mad Madchestoh fan
I understand the law and I fully agree with it, however there is a major flaw with it, Directors are not exempt.
This means when I setup my limited company I have to pay my self minimum wage, this is somthing I cannot afford to do until I have contracts.
The only way round it is I act as a none paid director and volunteer for the company then take out a company loan to pay myself until I can pay for a full wage. Or I could just I work 10 hours a week or somthing but I am not sure if that is legal.
It seems diabolitcal that the government can actually fine me for not paying me enough.
I have to limited as well becuase software development is high risk and it gives a lot of extra trust to other companies (my clients).
This means when I setup my limited company I have to pay my self minimum wage, this is somthing I cannot afford to do until I have contracts.
The only way round it is I act as a none paid director and volunteer for the company then take out a company loan to pay myself until I can pay for a full wage. Or I could just I work 10 hours a week or somthing but I am not sure if that is legal.
It seems diabolitcal that the government can actually fine me for not paying me enough.
I have to limited as well becuase software development is high risk and it gives a lot of extra trust to other companies (my clients).