Board director

Key requirements

The page uses physical presence below 183 days in the calendar year to describe non-resident board directors. Payments in board capacity can attract withholding, whereas remuneration in executive employment capacity follows the employment income route. Being called an executive director does not erase fees paid separately for board duties. Identify the actual capacity of each payment and keep the appointment and remuneration approvals. A director resident for at least 183 days may seek the described recalculation and refund if tax was withheld at non-resident rates.