Hi, not sure if anyone can help me, but my Ltd has been going well and I’ve taken someone on 3 days a week to help out……
If possible I’d like to try and help my employee maximise their earnings by minimising their tax. I’m already maxing out their childcare allowance and the other options seem mega complicated, i.e paying part of their salary as dividend, by making them an ‘employee’ or ‘non voting’ shareholder (don't really want to give away part of the Ltd either).
It would be great to hear if anyone knows how this would work, or has any other (legal) solutions.
Cheers.....
If possible I’d like to try and help my employee maximise their earnings by minimising their tax. I’m already maxing out their childcare allowance and the other options seem mega complicated, i.e paying part of their salary as dividend, by making them an ‘employee’ or ‘non voting’ shareholder (don't really want to give away part of the Ltd either).
It would be great to hear if anyone knows how this would work, or has any other (legal) solutions.
Cheers.....
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