Originally posted by d000hg
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Shoving some dividends into the missus
Collapse
X
-
'CUK forum personality of 2011 - Winner - Yes really!!!! -
Originally posted by northernladuk View PostBut that has it's own challenges now with recent changes so not quite such a straight forward option.Comment
-
Originally posted by d000hg View PostBit with dividends "half of what you've got" is "half of what you're going to earn forever". I suppose in reality you'd close the company and start a new one?______________________
Don't get mad...get even...Comment
-
Originally posted by kaiser78 View PostYou could claim Entrepreneur's Relief at the same time.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
-
Originally posted by kaiser78 View PostYou could claim Entrepreneur's Relief at the same time.Comment
-
Originally posted by d000hg View PostBit with dividends "half of what you've got" is "half of what you're going to earn forever". I suppose in reality you'd close the company and start a new one?
You'd get back her shares as part of any settlement.
She's not going to want the complication anyway and S660 would apply (as she'd no longer be a spouse) so she'd have fun and games with the taxman if she kept the shares.See You Next TuesdayComment
-
Originally posted by Lance View PostNo.
You'd get back her shares as part of any settlement.
She's not going to want the complication anyway and S660 would apply (as she'd no longer be a spouse) so she'd have fun and games with the taxman if she kept the shares.Comment
-
Originally posted by Lance View PostNo.
You'd get back her shares as part of any settlement.
She's not going to want the complication anyway and S660 would apply (as she'd no longer be a spouse) so she'd have fun and games with the taxman if she kept the shares.Comment
-
Originally posted by pr1 View PostLol? If this was the case you'd be admitting that it was only done for tax avoidance purposes, of course she gets to keep her shares - they're her shares to do what she wants with (she could sell them back to you at an agreed price or hold on to them for indefinite dividends and/or capital distribution)
Regardless of the technicalities I think a risk of an investigation under settlements legislation is very low anyway so this would be the least of my concerns.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment