A reader asks if he needs to inform the authorities if he wants to pay his wife a small salary for ‘administrative’ work done for his limited company.
Accounting Guides
If you are working via your own limited company, you need to keep on top of your accounting duties.
A good accountant will look after your company's affairs, however you (as a director) are utimately responsible for the accuracy of your company accounts.
Browse our accountancy guides to find out what your duties are, and what an accountant can do for you.
Can I pay my husband/wife a salary from my limited company?
If you work via a limited company, you may want to pay your spouse a salary. An accounting expert tells us what the tax and payroll implications are.
Can I transfer any personal assets to my limited company?
When you set up a limited company, you may have assets you want to transfer into it. How do you go about this, and what tax rules should you be aware of?