My wife is a director but works another job earning around ?0k. Is there any benefit to paying her a salary?

If I pay ?435, there would be no NI, but additional IT. If we paid this in dividends the company would have to pay 21% Corp Tax on it, so IT at 20% is vey slightly les.

She could afford to pay the entire net salary into a pension fund and reclaim the IT, but we could also do this via employer pension contributions, again with no NI or IT.

Would paying her a salary be beneficial for 'income shifting'?
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AYour wife would be paying 20% income tax on her income from your company since she will have used up all her personal allowance in her first employment.
The amount paid would offset the corporation tax calculation which a dividend payment wouldn't as dividends are paid after calculating the corporation tax and wages for employees before.
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So she would either pay IT or Corp Tax - but with the salary, if she put all of it into a pension, she could claim back the IT paid?

Would it look better that she was paid a salary and not just receive dividends and/or company pension contributions?
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I would suggest getting your accountant to work a couple of scenarios through for you for this.
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