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Recent content by ltdcom

  1. L

    Higher tax band cos of bonus

    Ok, just want to clarify this, When I opened company in June 2011, I opened with 1 share and allocated to me. Then I decided to give dividend to my wife and hence increased share amount to 100 and did share split (80:20). My accountant says we only need to declare share split via SH01 when we...
  2. L

    Higher tax band cos of bonus

    Ok thanks for all the replies. Couple of things, this is my first year only; hence I have never declared the share allocations/split. So the SH01 form is just kept ready with me and can be changed. Same applies to stock transfer form. So I can still pay back 4k to company and declare dividends...
  3. L

    Higher tax band cos of bonus

    I paid just enough dividend amount from ltd company to my wife to keep her under higher rate tax band. Now she got bonus of 4k from her main job in march. So what will happen now, is she in higher rate tax band and how will she pay or how will HMRC find this out? Are we screwed??? Also we...

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