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Original poster

Child benifit

1 reply

Ifihadapoundd · 02/09/2021 07:35

Can some please explain to me what happens if one of you gets a pay rise?
DH is due a pay rise he owns the company so takes this by dividends. If he was salaried it would take us over the limit to have to pay tax on the CB but his actual wage (what he brings home) is under. Which wage do they work it out on? Do I need to tell them he is getting a pay rise, even though he has to fill out a P11D every year?

OP posts:
Chasingsquirrels · 02/09/2021 07:37

If he had w company he presumably has an accountant?
Get him to speak to them and they can explain your position, and hopefully advise on both tax and efficient remuneration (do you have an income from the company and would that be worthwhile?).

Your OP is full of many little pointers that you don't actually understand the position he is in at all.

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