I am the sole director of my limited company.
My wife is a shareholder (split 50/50 at creation, ordinary shares I believe) as advised by my accountant.
My wife is not a director, nor an employee, doesn't recieve any salary, but she does recieve income when I declare dividends. My wife has no other employment or income from any other sources.
I am absolutely 100% sure that she (both in fact) will remain within the "lower" i.e 10% for dividends tax credit system thingy.
So, question is..
Does she have to fill in a tax return? The obivous answer is she probably should, but does she HAVE to legally? will Hector look badly on this etc etc.
thanks for reading!
My wife is a shareholder (split 50/50 at creation, ordinary shares I believe) as advised by my accountant.
My wife is not a director, nor an employee, doesn't recieve any salary, but she does recieve income when I declare dividends. My wife has no other employment or income from any other sources.
I am absolutely 100% sure that she (both in fact) will remain within the "lower" i.e 10% for dividends tax credit system thingy.
So, question is..
Does she have to fill in a tax return? The obivous answer is she probably should, but does she HAVE to legally? will Hector look badly on this etc etc.
thanks for reading!
Comment