Two Person Ltd - one half mainly focused on public sector - one not

[happy22]

My first post so go easy on me.

I am in the same position too with my wife about to take a public sector role

I don't see any reason why you can't operate public sector and non-public sector contracts using the same limited company. The corporation tax etc can be sorted out

The only problem I can see is if you have a 50/50 share split like we do (where you would ideally do low salary/high dividend for both directors) then you are a bit stuffed in allocating dividends as one director is being forced to take a very high salary and dividends obviously need to be equal.

If my wife puts most of her post tax invoice value into a pension whilst in the public sector will this work? I realise that this will have to be done personally so you won't be able to claw back the NI. But this should at least get her salary down.

I don't really want to change the share structure yet as this may only be a 3 months public sector contract and we may never do public sector again (hopefully!)

[b r]

tbh We've opted out of the problem, my OH has taken a perm role (with one of the big service companies who'll no doubt be now mopping up the work contractors use to do), decent offer though and local.

[northernladuk]

Surely your accountant is your first stop for a question like this?