Dear all,
My wife is an employee of our limited company (me being the sole director) earning £790 per month salary. She needs 5 month's of salary in advance (total £3950). I am ok to pay her in advance from the company bank account. Accountants are ok too but they said they will run the payroll on monthly basis as usual (but wife won't get any salary for next 5 months). I am not intending to charge her any interest/fee. Is this something ok to do? Would I be in breach of any HMRC rules?
Many thanks in advance!
My wife is an employee of our limited company (me being the sole director) earning £790 per month salary. She needs 5 month's of salary in advance (total £3950). I am ok to pay her in advance from the company bank account. Accountants are ok too but they said they will run the payroll on monthly basis as usual (but wife won't get any salary for next 5 months). I am not intending to charge her any interest/fee. Is this something ok to do? Would I be in breach of any HMRC rules?
Many thanks in advance!
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