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Spouse Salary

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    #21
    Originally posted by Podgy View Post
    I dont mind risks - I'm sure if hector came knocking a nice cuppa & cake will suffice.

    Comment


      #22
      Originally posted by Podgy View Post
      Not coincidence - planned. My husband is not from the UK so he will be assisting with my company until he can start his career here.

      Alternatively - is there a way I can use his tax allowance?

      I dont mind risks - I'm sure if hector came knocking a nice cuppa & cake will suffice.
      1. Make sure you check his visa status and right to work in the UK, not kidding, you still are obligated to check, fines are unlimited!

      2. Too risky I think within your Ltd, why can he not get an unrelated job. I think NLUK needs a pillow-fluffer.....

      3. You don't want an investigation - they will find stuff, want the tax back plus interest plus 100% penalties, plus you will not be working while Mr or Mrs Tax Person is sat in your house with you drinking tea and eating cake...

      Why not just make him a shareholder and and use his tax allowance on dividends?

      Comment


        #23
        Originally posted by Podgy View Post
        Not coincidence - planned. My husband is not from the UK so he will be assisting with my company until he can start his career here.
        Due to your slapdash approach to all this I have to ask. Is he legally allowed to work in the UK?

        Alternatively - is there a way I can use his tax allowance?
        Speak to your accountant.

        I dont mind risks - I'm sure if hector came knocking a nice cuppa & cake will suffice.
        I really think you believe this.
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #24
          Originally posted by stek View Post
          1. Make sure you check his visa status and right to work in the UK, not kidding, you still are obligated to check, fines are unlimited!

          2. Too risky I think within your Ltd, why can he not get an unrelated job. I think NLUK needs a pillow-fluffer.....

          3. You don't want an investigation - they will find stuff, want the tax back plus interest plus 100% penalties, plus you will not be working while Mr or Mrs Tax Person is sat in your house with you drinking tea and eating cake...

          Why not just make him a shareholder and and use his tax allowance on dividends?
          Yes he can work full-time.

          I wanted to put through as salary to reduce the corp tax bill - dividends wont make any difference to that.

          Comment


            #25
            Originally posted by Podgy View Post
            Yes he can work full-time.

            I wanted to put through as salary to reduce the corp tax bill - dividends wont make any difference to that.
            Shame you can't then hey.
            'CUK forum personality of 2011 - Winner - Yes really!!!!

            Comment


              #26
              Originally posted by northernladuk View Post
              Shame you can't then hey.
              Not true. OP can do whatever the hell they like. They just need to be ready to get a spanking from HMRC at some point!

              Comment


                #27
                Originally posted by captainham View Post
                Not true. OP can do whatever the hell they like. They just need to be ready to get a spanking from HMRC at some point!
                as if they will ever know

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                  #28
                  Originally posted by Podgy View Post
                  as if they will ever know
                  Of course they'll know since your hubby will obviously be filing the correct paperwork at the correct time to run the payroll. You know, like you're paying him to.

                  Comment


                    #29
                    Originally posted by Podgy View Post
                    as if they will ever know
                    Your husbands inability to do the job correctly will be like a red rag to a bull. You are going to be more at risk of (failing) an investigation than any other scenario we have discussed on here in a very long time. The very fact your husband can't do the job will be alerting them to your situation.
                    'CUK forum personality of 2011 - Winner - Yes really!!!!

                    Comment


                      #30
                      Why don't you just go the whole hog and use the HMRC IR35 contract review service too?

                      I mean, if you're going to poke the hornet's nest, no sense in doing things in half-measures!

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