Hi all,
I am fully employed person with a company and also am a Director of a company that I have set up with a couple of my friends. During 2020-21 tax year our company did not have any income.
Can you please help me with the below:
1. What to answer for: How many employments or directorships did you have?
1a. If I answer 2, it is asking me for ' PAYE Reference' that we don't have as there is no income or salary or dividends. What do I do in this case?
2. What to answer for: Were you in a partnership?
2a. If I answer 1, what does this mean?
2b. If I answer 1, it is asking me for 'Class 4 National Insurance Contributions (NICs)' details. We did not have this nor aware whether this needs to be done?
Please advise.
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