Wages include any amount paid or payable by a company to a director or member of the governing body of that company by way of remuneration (see wages definition in the Schedule of the Payroll Tax Act 1971).
Directors' fees must be included as wages by the client company or public company, even if the:
- partnership (of which the director is a partner) has a partnership agreement that requires any fees received by partners as directors of client companies or public companies to be paid to the partnership
- directors’ fees are paid to the partnership of which the director is a partner, rather than to the director/partner.