Originally posted by css_jay99
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Best Tax Efficient Way To Stay Under The Higher Tax Band In 2016/2017
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'CUK forum personality of 2011 - Winner - Yes really!!!! -
A really good thread this one, having read through all the comments there seems to be a lot of ambiguity about what are the best solutions depending on circumstances (mainly on the salary side).
It looks like paying a salary to a spouse is potentially worth more headaches with HMRC which I can do without.
If I'm LTD and only make my spouse a 10% shareholder in the company to receive approx. £5k dividends, (which is at the end of the day to minimize my own tax) is this still a safe option?
Providing her '10%' is paid to her own account which would probably be fed into her ISA etc etcComment
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Originally posted by Iter View PostA really good thread this one, having read through all the comments there seems to be a lot of ambiguity about what are the best solutions depending on circumstances (mainly on the salary side).If I'm LTD and only make my spouse a 10% shareholder in the company to receive approx. £5k dividends, (which is at the end of the day to minimize my own tax) is this still a safe option?
Providing her '10%' is paid to her own account which would probably be fed into her ISA etc etc'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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