Originally posted by TazMaN
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At which point is it worth having the wife as a Director?
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Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k. -
Originally posted by slackbloke View PostIf you make your wife a director then she will have to complete SA.
Where did you get that from?Older and ...well, just older!!Comment
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Originally posted by ratewhore View PostYou referring to self assessment? If she is not a director, just a shareholder, are you saying she doesn't need to fill in a SA?
Where did you get that from?Comment
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Originally posted by ratewhore View PostYou referring to self assessment? If she is not a director, just a shareholder, are you saying she doesn't need to fill in a SA?
Where did you get that from?Comment
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Originally posted by Just1morethen View PostIf her total income does not exceed the higher rate threshold and she isn't a director then there is no SA requirement.Comment
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Originally posted by Just1morethen View PostIf her total income does not exceed the higher rate threshold and she isn't a director then there is no SA requirement.Comment
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Originally posted by Lewis View PostI think if you receive more tha £10K in dividends (gross) you must complete a form. See here http://www.hmrc.gov.uk/sa/need-tax-return.htm. You are classified as having "complex tax affairs".
Originally posted by hmrchave annual income from savings or investments of £10,000 or more (before tax)
Anyone know the answer to this? Especially if the shares were gifted and not paid for?Still InvoicingComment
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That's in interesting one, I suppose it all depends on if the HMRC regard owning shares in a private Ltd as an investment or not...
Anyone know the answer to this? Especially if the shares were gifted and not paid for?
AlanComment
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Originally posted by TazMaN View PostSo she can be a sharedholder without being a director!Comment
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Originally posted by blacjac View PostI take it you mean this rule (lifted from your link):
That's in interesting one, I suppose it all depends on if the HMRC regard owning shares in a private Ltd as an investment or not...
Anyone know the answer to this? Especially if the shares were gifted and not paid for?Originally posted by Nixon Williams View PostDividend income, whether from a private or a public company will be treated on the tax return as investment income.
Alan
Thanks AlanStill InvoicingComment
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