My Wife is IT Contractor and Sole director of her own company while I work Full-Time in a separate job.
Her tax consultant suggests I can become a share-holder in her company and dividend can be paid to be as gift!
Is that possible? if done, will I incur additional tax on the income from those dividend earnings? Please suggest.
Her tax consultant suggests I can become a share-holder in her company and dividend can be paid to be as gift!
Is that possible? if done, will I incur additional tax on the income from those dividend earnings? Please suggest.
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