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PAYE and business income - possible to combine tax allowances?

2»

Comments

  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    antilles wrote: »
    Plus it benefits the taxman as well as he gets more loot ;)

    Yes and no.

    If you and your OH run a limited company as a family business then the tax man gets less money.
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • antilles
    antilles Posts: 365 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    olly300 wrote: »
    Yes and no.

    If you and your OH run a limited company as a family business then the tax man gets less money.
    Sounds like this is worth exploring, guess it all depends on how much the business earns I suppose?
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