Anything wrong with this practice?
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Husband and wife companies, salaries/dividends paid into joint accounts?
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NAA but can see no obvious reason why. Without different share type or a dividend waiver the dividends are legally proportional to the shares you have and one assumes you will be doing proper tax vouchers for each of you. No probs on salary, you have after all paid max. tax on that.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson) -
Originally posted by xoggoth View PostNAA but can see no obvious reason why. Without different share type or a dividend waiver the dividends are legally proportional to the shares you have and one assumes you will be doing proper tax vouchers for each of you. No probs on salary, you have after all paid max. tax on that.
I am also NAA.Comment
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