Salary and dividend structure, IR35 status on record, NI optimisation, HMRC compliance. All handled. All documented with a SHA-256 locked audit pack — because one HMRC enquiry changes everything.
Director-only companies look simple. One director, one payroll. But the compliance requirements are the same as any employer — and the personal exposure when things go wrong is significantly higher.
Operating outside IR35 isn't enough — you need a contemporaneous record of why that determination was made, based on the actual engagement terms at the time. A verbal agreement doesn't survive an enquiry.
Your IR35 position, the basis for it, and the HMRC status at point of payment — all locked in the SHA-256 audit pack. The evidence exists before anyone asks for it.
Many PSC directors still pay themselves a salary above the NI secondary threshold, creating unnecessary employer NI liability. The optimal director salary for 2026/27 leaves NI at zero — bookd. structures this correctly by default.
Even a director-only company must file RTI on or before each payment date. Late filing triggers automatic penalties. bookd. submits on time, every time — with the submission logged and the HMRC acknowledgement recorded.
Your accountant needs P60, payslips, and employer payment records. If the payroll isn't being run properly, reconstructing it at year-end creates risk. bookd. builds the records as the year progresses.
If your PSC operates in construction, CIS obligations may apply. bookd. handles CIS verification and deductions alongside director payroll — no need for a separate arrangement.
Free 20-minute PSC review. Mark will look at your current salary structure, IR35 position, and RTI compliance — and tell you what needs fixing.