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?
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.