Proprietary Directors

W

Woodpark07

Guest
My wife and I are under separate treatment for income tax purposes. We run a company as proprietary directors withdrawing a salary under the PAYE system. Is there any legal or tax reason why we cannot be treated as jointly assessed for income tax purposes?
 
Not that i can think of - simply elect for joint assessment if this is the way you want to go
 
I was thinking so myself. My ex accountant said there is no difference but
I know we can avail of the highrer tax band credits under joint assessment. I am just uneasy that there might be other impliccations if we went joint asasessment but I can think of none.
 
No, you can't be worse off by being treated as a married couple, ie jointly assessed. It would be unconstitutional
 
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