revenue have no interest in assessing the value of work done by an employee, wheter or not that employee is a director. If salary is appropriately taxed then there is no issue.
I agree.
Revenue would be interested if it could be proven that salary is excessive when compared with what the job entails.
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I may well stand corrected. Based on a joint assessment I'm assuming that the OP is referring to a salary base that maximises the lower tax rate. This would not be a significant salary & anything paid above that limit would afaik not reduce the overall tax payable. Out of curiousity why would the Revenue have an issue here?
Acknowledged. Obviously the illustration assumes a situation where the "work" being done by the spouse is effectively a position manufactured to generate a tax reduction. Practically it would be difficult for the Revenue to spot such a situation. Although admittedly in a small 1 person type operation such an anomoly could give rise to questions.
She's a director of the company. Best of luck to Revenue if they try and shoot that one down.
In the circumstances of a one man band where the husband and wife are directors, there's a word for a couple that don't maximise their standard rate cut off points - Idiots.
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