Do I need 2 letters of engagement for a Director and LTD

Do I need 2 letters of engagement for a Director and LTD

With Engager, we're always trying our best to keep you on the straight and narrow, whether it be steering you to have a letter of engagement per legal entity, or making sure your automated emails are received not reported as spam - we're here to keep you on track and performing well and on the up and up. 

As Johann often says 'Just because you can go past 70MPH in a car doesn't make it legal  - just because a software let's you do something doesn't mean it's right'

So, with that in mind, we strongly recommend that you have a Letter of Engagement (LOE) for each legal entity in your Engager account.

Most of you will look after a LTD with 1 Director - that's 2 legal entities, meaning they should both have their own LOE - even the notion of LTD, is limited by liability, so it makes perfect sense to have the 2 separate. 

Additionally, it gets a little more complicated having the Director's personal tax affairs paid for by the company - that's a Benefit in Kind (BIK) all day long - are you going to remember to do this via the P11D(b)?

 

So, keep things separate
1 - have the SATR service turned on for the Director / Individual not the LTD

2 - Issue a LOE for the LTD and one for the Director 

 

 

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