Stewart Associates (Shrewsbury) Ltd
Emstrey House (North), Shrewsbury Business Park, Shrewsbury, Shropshire, SY2 6LG.

Telephone: 01743 235236   Email:

4 April 2018

Director salary levels 2017/18

Attached is our spreadsheet tool to help you decide the appropriate salary level for 2017/18. Some variables:-

  • The Employment Allowance [EA] which enables a company to not incur Employers NI up to £3,000 only applies where more than one person is a paid a salary. Hence sole director companies will not be entitled.

  • If a company has employees incurring more than £3,000 in employers NI the EA will not be available against the Directors Salary therefore no benefit paying at the higher level.

  • If you have other income from pension, rents etc,, then it is more efficient to draw salary at the NI level rather than the Tax allowance level.

  • As these issues are not easily explained we have endeavoured to make the spreadsheet interactive so you can find the appropriate salary level for yourself.

We hope this is clear but please address questions to your usual contact within our office.


Contact Us

    01743 235236

    News Items


      SEISS second grant - guidance on eligibility

      For some detailed guidance on what may impact on eligibility for the second self-employed grant I wo...  Read more >>


      SEISS second grant - sicrluar email 13th July 2020

      This email is aimed at people working on a Self-employed basis. To clarify, that does not include p...  Read more >>


      SDLT and VAT circular email 9th July

      SDLT: while the zero rate up to £500,000 applies to main residential properties for second (or...  Read more >>


      Flexible Furlough Template Employee letter

      Note. Items in italics to be amended or omitted as appropriate to individual circumstances Employ...  Read more >>


      Flexible Furlough circular email 26th June 2020

      The Direction governing the amendments to the Furlough scheme has been published on 25th June. The ...  Read more >>

      All News Items

      © 2020 Stewart Associates (Shrewsbury) Ltd. All rights reserved.       Terms & Conditions | Privacy Policy | Site Map   Website created by Datacraft