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No Tax Free Allowance to Use

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    #11
    There is a kind of argument that a tiny salary for two directors means they cannot pay there mortgage and they would never accept that salary from a normal staff type employer.

    In this case the revenue have no leg to stand on.

    One party is paying PAYE and NI on a £25k salary and the other with a pension of a similar level.

    The wife will stop in a few years with a final salary pension of say £12k. So they will not be short of pension and they have other savings.

    Still putting dosh in a pension will save 40% tax .

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