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spouse
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Spouse as class B shareholder - no more than 20%
Hi there, my first post. After reading a few threads on this I'm still unsure exactly how to determine the correct dividend split % of my Ltd with my wife. I've seen people say they've divided their Ltds 50% - 50% with their spouses, but my accountant advised me to give her no more than 20% of...- PK2
- Thread
- class b dividend income distribution split spouse
- Replies: 9
- Forum: Accounting / Legal
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Income Tax Return for Spouse
Hi Guys, Have this query around filing income tax returns for my spouse. I am contractor and director within my own limited company with 90% stake. My wife is a 10% stakeholder. I pay her out a salary of around 10K from the company and nominal dividends@10% through the year. My query is should...- Moonshine
- Thread
- income tax spouse spouse income tax
- Replies: 17
- Forum: Accounting / Legal
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Form own LTD or use Wife's?
Hi Folks, I've searched the forums and drawn a blanks hence the post; wouldn't be at all surprised if this has been asked many times before however so apologies for that. I am starting-out as a LTD contractor for the first time, my wife is currently contracting a 3 day week with her own LTD...- techadept
- Thread
- ltd company multiple employees spouse
- Replies: 22
- Forum: Accounting / Legal
