Hi,
My spouse has been getting 50/50 dividends since I started my company. Now my accountant recommended that I make her a company director and start paying her a salary up to £12,500 as that would save me some Corporation Tax. Is that a common setup with contractors splitting their shares? Or is it something that you won't recommend doing?
Any feedback appreciated!
My spouse has been getting 50/50 dividends since I started my company. Now my accountant recommended that I make her a company director and start paying her a salary up to £12,500 as that would save me some Corporation Tax. Is that a common setup with contractors splitting their shares? Or is it something that you won't recommend doing?
Any feedback appreciated!
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