Originally posted by Fred Bloggs
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!
Does my wife need to fill in a Tax Return?
Collapse
X
-
-
Originally posted by d000hg View PostSorry to deviate but is this regular income shifting (or whatever it's called) or something else? From a common sense perspective at least, it looks dodgy to me, the kind of thing which explains why HMRC aren't keen on contractors.
Genuine question
As it was explained to me, the whole "income shifting" piece only really comes into effect post creation or "gifting" shares and if the person you are shifting it too isn't your wife.
afaik, if you do it 50/50 at creation (ordinary shares) and you are married, its all above board and artic proved that.
@notallthere,
the reason i'm not doing the salary is because in all honesty there isn't much/anything for her to do, so didn't fancy taking the risk of having to explain it later on to hector. but yes, in theory I could set her up, just cba with the drama. (i'm not that greedy!)Cloud Computing - Quis custodiet ipsos custodes?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
- Andrew Griffith MP says Tories would reform IR35 Oct 7 00:41
- New umbrella company JSL rules: a 2026 guide for contractors Oct 5 22:50
- Top 5 contractor compliance challenges, as 2025-26 nears Oct 3 08:53
- Joint and Several Liability ‘won’t retire HMRC's naughty list’ Oct 2 05:28
- What contractors can take from the Industria Umbrella Ltd case Sep 30 23:05
- Is ‘Open To Work’ on LinkedIn due an IR35 dropdown menu? Sep 30 05:57
- IR35: Control — updated for 2025-26 Sep 28 21:28
- Can a WhatsApp message really be a contract? Sep 25 20:17
- Can a WhatsApp message really be a contract? Sep 25 08:17
- ‘Subdued’ IT contractor jobs market took third tumble in a row in August Sep 25 08:07
Comment