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Hello guys, need your urgent response on this.
I am getting my documents ready for ILR (PEO, Tier 1). I earn a salary (PAYE registered) from my limited company. The basis of my application is solely on my gross salary for the last 12 months.
My accountant (ACCA) informs me I am not self employed but an employee of the company. I am the only director and employee.
It seems a bit confusing. My Tier 1 extension was based on salary from the same company and sailed through smoothly.
Any personal experiences or advice will be appreciated.
Thanks

This is fine. Continue as salaried person of your limited company - by getting salary only - you will be much safer than registered as self-employed or mixing your earnings as salary + dividend(this option saves you some money on national insurance), as you will be paying your full tax due every month. Go for a PEO and you will get your ilr straight away as a number of people did on this forum.

And one good news is that employer NIC will be exempt up to £2,000 from April 2014 so this is the best time to continue only on salary from your own limited company.

Thanks!