Legal responsibilities of the contractor company director

4.2 Running your own company
F Legal responsibilities of the contractor company director As director of the company, you are legally responsible for the following: - Ensuring that the company maintains proper accounting records. Preparation of statutory financial statements in compliance with the Companies Act. Completion of company corporation tax return form CT600. Completion of annual payroll return form P35. Completion of forms P11D as required. There are fines for non-compliance with these tasks.