Tax efficient LTD company setup

ThinkingAhead

Free Member
Sep 5, 2017
23
1
Hi all
I am about to start trading through a limited company that I set up a number of years ago, but that I have left dormant since it was incorporated.
At the time I set it up, I added my wife as a shareholder (10%) and director, on the assumption that I would be able to pay her a salary which is just under the tax free threshold, and pay anything else in dividends, and also pay myself in the same way.
Am I correct in my assumption that I can do this, or is there a better way to go about it?
 

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