From: nospam@please.invalid (AnthonyL)
Newsgroups: uk.finance
Subject: Re: Salary paid to wife
Date: Sun, 04 Feb 2007 12:46:17 GMT
On Sat, 3 Feb 2007 17:22:12 -0000, "GB"
wrote:
>
>"AnthonyL" wrote in message
>news:45c341a1.10416698@news.zen.co.uk...
>
>>
>> My business (ltd) pays both myself and wife below thresholds so no NI,
>> no tax. Simple payslip is used. PAYE on-line calculator and
>> printouts used. Even get back £250 for on-line P35 filing.
>>
>http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1073792372
>
>Details of rebates for online filing. It sounds as though anybody can set up
>a paye system, file a nil return, and claim the rebate!!
>
It is necessary however to write to HMRC to claim the rebate. Their
automatic system only works by crediting against existing
contributions.
Of course the £250 I mentioned applied to the last 2 years. The
amount by the way is tax free (ie no Corp tax).
--
AnthonyL
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