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Ltd Vs Umbrella take home monies

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    #41
    Originally posted by Alan @ BroomeAffinity View Post
    For me, the simple test is this: would you pay this amount of money for that amount of work to someone other than your wife? If you can honestly say yes, and it fits in with NMW legislation, then do it. If not, don't.
    Good advice, Looking at last month it probably averages at £15 an hour which for an office admin is probably a little high, but its a salary not an hourly rate, some months will be a bit lower because she does more hours...

    To be honest, although I understand why these rules are there if I was running a bigger company with more employees and wanted to pay my part time PA £50k it would be my decision and HMRC would have no say in it.. Anyway, best go find her some more work to do!

    Thanks for the advice!

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