Originally posted by Jessica@WhiteFieldTax
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Is this legal? Wife not paid directly...
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There might be in your eyes as you are a professional and have the knowledge of the system, you work with day in day out and are willing to push the boundaries as there is no risk on you. We look to the pro's to keep us safe and within the boundaries and not put our money at potential risk so we are looking over our shoulders all the time. I for one want my accountant to keep me in that safe zone, not use me as a tool to play the tax laws to the absolute limit. Surely at some point your advice should be 'it's risky don't do it' in grey and untested areas?'CUK forum personality of 2011 - Winner - Yes really!!!!
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Im sure you are more likely to be correct with nmw than I.Originally posted by Jessica@WhiteFieldTax View PostI'm fairly certain (as in very) that close daily relationships are NMW exempt like non contract directorships.
I don't think, without full knowedge, we can judge stupidity V savviness. There is often more than meets the eye.
I should have taken my tolerance pill this morning. There could be a number of reasons why it may not increase the overall tax take. If the wifes tax allowance is used elsewhere for example.
It might on the face of it appear odd. But tge details may be such as it isnt.Comment
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Just because she walks fine in front of you and enjoys hill walks doesn't mean she doesn't have problems with her joints, bones or muscles.Originally posted by TSM View PostShe has disability payments apparently because when she was 3 years old she had an op on her legs as they were not quite straight. She was in traction for 6 months or so...She now walks fine, albeit with a slight wonky movement...she even enjoys hill walking. I know she has a disabled badge and mobility scheme car...maybe it has to do with that?
Unless you have seen her full medical notes you cannot state whether she is or isn't entitled to it.
I know disabled people who are entitled to the same thing as she has but if they undertake a hill walk or a long cycle ride you won't see them for the rest of the week as they will be laid up in bed."You’re just a bad memory who doesn’t know when to go away" JRComment
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Thanks for the replies. I agree I have no in-depth knowledge of her personal disability, so she may well be entitled to what she claims. At the end of the day it's not really my concern just an observation...
I know with my dealings with this individual he comes across to me as someone who knows the system...i.e. I know he has money in off shore accounts...that's not to say he has done anything illegal.His business partner is a chartered accountant by trade... Another thing he mentioned, which maybe should be another thread, but I'll write it here anyway, was how he set-up another company for a year to reduce his tax bill. This is what he told me. He sold his house for ~£800k. He bought a house near the coast, but because it needed a bit of work doing, he put his family into rented for a year and setup this company and put the house he had just bought as a "Holiday Home". He registered it with a letting agent. He got 8 weeks booked for that whole year...but he claimed for repairs to the kitchen, boiler repairs, bathroom, new fences around the property, garage roof etc etc....then year later moved in to his newly decorated and repaired home and claimed the expenses off his tax.
I can only go on what he has told me and TBH he might have embellished a few points, but i know he did this as I saw his house listed on the Holiday Home Company website at the time...
Interesting guy....Comment
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No, you misunderstand me.Originally posted by northernladuk View PostThere might be in your eyes as you are a professional and have the knowledge of the system, you work with day in day out and are willing to push the boundaries as there is no risk on you. We look to the pro's to keep us safe and within the boundaries and not put our money at potential risk so we are looking over our shoulders all the time. I for one want my accountant to keep me in that safe zone, not use me as a tool to play the tax laws to the absolute limit. Surely at some point your advice should be 'it's risky don't do it' in grey and untested areas?
There simply isn't enough detail to draw a judgement on facts given.
Really what we are discussing is no more than "my mate in the pub said"Comment
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If you find the tolerance pills, lob some this way please...Originally posted by ASB View PostIm sure you are more likely to be correct with nmw than I.
I should have taken my tolerance pill this morning. There could be a number of reasons why it may not increase the overall tax take. If the wifes tax allowance is used elsewhere for example.
It might on the face of it appear odd. But tge details may be such as it isnt.Comment
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