From: usenet@isbd.co.uk
Newsgroups: uk.finance
Subject: Re: Use Partner's Income Tax Allowance for Earnings?
Date: 19 Oct 2005 10:35:30 GMT
Simon Jerram wrote:
> > But my point is, if this is income tax, but I don't receive any income
> > from the work, what tax is there for me to pay? If someone else
> > receives the money then clearly they will have to pay income tax at
> > whatever rate they need to do on the income they receive. Of course
> > the money they receive will then be theirs, not mine - but I'm happy
> > with that arrangement! :-)
>
> Er... have you read any of what's being said above?
>
> There have been cases where couples have been taken to court
> (Do a news search on the words "Arctic Systems Tax Wife") for
> avoiding tax by over paying a salary or dividends to a non-active
> partner.
>
That has now been appealedd further though, it's not quite a 'cut and
dried' situation. In that case the wife *was* doing some work but the
IR are trying to claim she can't be paid for it.
--
Chris Green
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