Set up Ltd company now have permanant job offer...

[Wanderer]

I assumed that it would raise a red flag. Would the best option be to pay a small monthly wage into next tax year or would you suggest taking the hit on tax for 2nd income for myself and wife a small wage and get everything wrapped for April..

You could sell your share in the company to your wife and then pay out any retained funds to her as dividends then shut the company down. This may be seen as a bit of an aggressive tax avoidance move though.

The other option is to apply for ESC-C16 and pay the money out as a capital distribution since you will be closing the company.

You definitely want to get some accountant's advice on this one, you could save a bit of tax if you do it right and you are going to need an accountant to shutdown the company for you anyway.