turning this on its head, what is there to stop say a group of contractors wives getting together, forming a ltd company (called contractors are not us) and then charging their hubbies out at £300-500 a day on a consultancy basis. The ladies who set up said company will do what most small software business owners do.. nothing but pretend to be in meetings. If they are ladies who lunch it would suit them perfectly.
The guys can go to work and get paid a small salary. Say ££15k a year. Wife meanwhile can act as pimp looking for better gigs for you to go to. They can say "Ive got a memeber of staff available to do your s%*t for loads of wonga. Want me to send him over for a chat about how we can help?".
As registerd owners of said comanies it would be unfair to tell them they arent entitled to take money out as dividend. In fact most small business owners i know (aka proper trading businesses) the owners dont do much work these days, they employ people to do that, and pop their head in occasionally to make sure people are on time and not spending too long in the net. One guy i know is semi retired now and only pops in about 2 days a week and thats only for a couple of hours.
The guys can go to work and get paid a small salary. Say ££15k a year. Wife meanwhile can act as pimp looking for better gigs for you to go to. They can say "Ive got a memeber of staff available to do your s%*t for loads of wonga. Want me to send him over for a chat about how we can help?".
As registerd owners of said comanies it would be unfair to tell them they arent entitled to take money out as dividend. In fact most small business owners i know (aka proper trading businesses) the owners dont do much work these days, they employ people to do that, and pop their head in occasionally to make sure people are on time and not spending too long in the net. One guy i know is semi retired now and only pops in about 2 days a week and thats only for a couple of hours.
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