Skip to main content
E
Emrdoors
November 2, 2021
Solved

How do I pay myself as a director

  • November 2, 2021
  • 1 reply
  • 0 views

I tried to add myself as an employee so I can’t start taking a salary from my business, but when I get to the end of entering my information it says I can’t pay myself that was as a Director of the business. 
how do I go about taking a salary from my business please? I would like to take a weekly pay ideally 

Best answer by emmam6

Good to see you on the thread, @karunika-associa.

 

I'll be happy to share information about the QuickBooks Online Payroll pricing.

 

QuickBooks Online UK Payroll offers two plans: Standard Payroll and Advanced Payroll. Each has its own payroll subscription, which costs £1 per paid employee per month.

 

To know more about the key features and benefits of QuickBooks payroll software and see how it ensures you stay compliant in the UK, see the below links:

 

You can also read these articles for more assistance with your payroll tasks. These will help you manage employee details depending on the payroll service you're using:

 

If you have any other payroll concerns or inquiries, feel free to comment below. I'll be around to help. Take care.


Hello Community Users, We'd suggest looking at this article regarding setting up yourself as a director and paying yourself in Standard Payroll. If you are are looking to pay part salary part dividends or do not want to use the in product payroll and just record payments made just reply back here and we can go through how to record this.

1 reply

A
Ashleigh1
November 2, 2021

Hello Emrdoors, 

 

Welcome to the the Community page, 

 

Can we ask which account package you have with us at Quickbooks is it the Self-Employed account or one of our Small business online accounts (simplestart, essentials or plus)?  

E
EmrdoorsAuthor
November 2, 2021

Hi Ashleigh, 

 

we have the simple start package and trialling the standard payroll package at the moment.

 

thank you

DivinaMercy_N
DivinaMercy_N
November 2, 2021

Thanks for getting back here, @Emrdoors. I'm here to further help you in paying yourself as director in QuickBooks Online (QBO).

 

In QBO, the director's earnings are subject to National Insurance Contributions (NICs). To pay yourself as director, you can set up yourself as an employee. Let me guide you how:

 

  1. To add yourself to the pay run, see this article for a complete set of instructions: Add employees in QuickBooks Online Standard Payroll.
  2. Then, go to the Tax Information section, and select Yes for Company Director.
  3. From the Appointment date section, select an effective date this person was appointed as the company director.
  4. Next, select the Calculation method for the Directors National Insurance.
  5. In the Pay Schedule section, you can choose Annual. 
  6. Once done, click Save. 

 

When finished, you can now start paying yourself. Please note that you'll need to manually file your taxes with HMRC after the pay run. For additional information on paying employees in QBO payroll, feel free to visit this link: How to run payroll in QuickBooks Online Standard Payroll.

 

I've also attached this article for your reference about adding a company director: Add or remove a company director in QuickBooks Online Standard Payroll.

 

Just in case you'll have to update your employee's information in QBO, you can simply edit the details by accessing their profiles. For the detailed process, check out this article: Edit employees in QuickBooks Online Standard Payroll.

 

I'm just a post away if you need additional assistance about paying a director in QBO. Don't hesitate to post a reply below. Have a good one. 

Terms & ConditionsAccessibility statement