What does your significant other do?

[xoggoth]

She is married to somebody who is long dead.

[Old Greg]

Thanks for the spelling correction, I never understand why people seem to need to do that here.

Greg, take a pill, it was a j-o-k-e...

I woz havin a larf. Fret not.

[Board Game Geek]

Trainee Quantity Surveyor...Chartered in 2 Years then that's it...off to NZ. (hopefully with me :-)

[TheFaQQer]

I woz havin a larf. Fret not.

[TheFaQQer]

My wife runs her own business, which is part of our Ltd - while she is building it up, we can absorb her losses against my profits.

[Dundeegeorge]

I note there's no

'sits on her fat arse stuffing her face with chocolate watching mind-numbing television' option. I have therefore declined from voting in this particular poll.

[SandyDown]

'sits on her fat arse stuffing her face with chocolate watching mind-numbing television' option. I have therefore declined from voting in this particular poll.

<sigh> your other half got my dream job, I wouldn't mind stuffing my face with chocolate watching mind-numbing television' programmes ... not sure about fat arse, but what the fek, fat arse it is.

[oraclesmith]

'sits on her fat arse stuffing her face with chocolate watching mind-numbing television' option.

Does she work from home too then ?

[IR35 Avoider]

My wife runs her own business, which is part of our Ltd - while she is building it up, we can absorb her losses against my profits.

I think that strictly speaking you are not allowed to do that. (But you'll probably get away with it.) A cost of your wife's business is not tax-deductible against your contracting income because that expenditure did not in any way help you to make the contracting profits on which you are calculating tax.

[TheFaQQer]

I think that strictly speaking you are not allowed to do that. (But you'll probably get away with it.) A cost of your wife's business is not tax-deductible against your contracting income because that expenditure did not in any way help you to make the contracting profits on which you are calculating tax.

My accountant has no issue with it - plenty of companies do it when they are starting up, e.g. Virgin group when starting new endeavours. It's the same company, doing more than one thing - same as any conglomerate.