Plain-English guide · UK candidates
Treat fees as income
If you receive money for a director appointment or related service, treat it as income that needs records. Do not assume nominee fees are invisible or tax-free.
What to keep
Keep appointment letters, payment confirmations, fee statements, company names, dates of appointment and resignation, and any communication about payment terms.
Record keeping
Simple fee record checklist
If paid, keep enough information to explain the income later.
Why personal circumstances matter
Your job, pension, benefits, student loan position, Self Assessment status and other income can affect what you need to do. A general website cannot replace an accountant who knows your situation.
Questions to ask before accepting
Ask who pays you, when you are paid, whether tax is deducted, what records you receive and what happens on resignation. Vague answers are a reason to slow down.
Before you continue
Register first, then review payment terms carefully before accepting any appointment.