Recent content by Mike_999

  1. M

    paying children dividends

    Thanks for your help - from this blog I googled and read the House of Lords judgement on Artic and also took a look at Mumsnet (thought they'd have looked at this given kids would be part of the scheme). HMRC position is that any scheme to divert income by a tax payer makes the income to be...
  2. M

    paying children dividends

    Did anything come of this as I have exactly the same issue - a company where I want to pay dividends to my minor children. Children received a personal tax allowance like adults so the first slice of income is tax free. So with two or three children the tax free slice builds up to something...
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