Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
My immediate response would have been that their tax codes are incorrect, but 1150L is correct for the 17/18 tax year. However, the PAYE Tables assume that if you receive say 1K in Month 1 you will continue to receive 1K or thereabout every month thereafter. Thus one off payments skew the system and this could well be the case here. If no further fees are paid in subsequent months the Tables will indicate a refund each month until the last month leaving the employee, and Directors are deemed employees, tax neutral.
The effect on the NI deductions for one off payments can be even worse.
I do hope that you have found my reply of assistance.
Well under PAYE tax is paid or refunded month by month and in theory will make the employee tax neutral at the year end. Have you been entering data for PAYE correctly, on line, month by month?
You can, in two ways, by only paying lump sums in month 12. Alternatively paying 11K at 916.67 monthly. Otherwise you will throw the PAYE system out of kilter.
You do not need to because you are paying in month 12 only so correct deductions should be indicated.
Directors must be paid through the medium of PAYE.
Nil, because the Personal allowance in 16/17 was 11K I assume that your follow up had an error and you meant 11K, not 11000K!
I do not know. If you only make one payment in month 12 then no tax should be deducted. If you make 12 smaller monthly payments in 17/18 then again there should be no tax deductions.