Splitting shares with spouse- optimal setup

[Lance]

Well, doing some admin work like reconciling accounts, checking payments are on time, preparing my timesheets, etc. Not sure if that would justify that salary? Anyone?

make her a director as well and then yes.
£12k a year for basic book-keeping is a good salary, but that's your problem.
The responsibilities of being a director as well make it just fine for Hector.

[skysies]

[QUOTE=northernladuk;2638400]What is she doing to earn 12k a year?

Well, doing some admin work like reconciling accounts, checking payments are on time, preparing my timesheets, etc. Not sure if that would justify that salary? Anyone?

[northernladuk]

What is she doing to earn 12k a year?

[skysies]

Hi,

My spouse has been getting 50/50 dividends since I started my company. Now my accountant recommended that I make her a company director and start paying her a salary up to £12,500 as that would save me some Corporation Tax. Is that a common setup with contractors splitting their shares? Or is it something that you won't recommend doing?

Any feedback appreciated!