Soldato
Okay so a bit of background. Myself and my wife set up a company at the end of last year. I was made redundant in December (I knew this was coming) so I've changed careers and have used the redundancy money as a wage up until this point. My wife is currently doing work for our company alongside her own job. (We are Surveyors). She will be leaving her job in May to go FT with our company as it's going rather well. The question is, to make things a bit neater (no idea if this is a good idea), I didn't intend to take a wage until the new tax year. However I believe that each year directors can take a dividend (as long as it's agreed which obviously it is). The cap on this has gone down to £1k per director a year if I am doing my research well. However can this be taking in the first year if that year is not completed. The idea would be to take £2k tax free in total as a bit of a bonus. Hopefully I've made this clear. Any advice would be greatly appreciated.