Paddy75, this is confusing -- people dont normally set up an umbrella company -- you find one and pay them a fee to have your salary paid through them
They might have suggested that she either set up a limited company or find an umbrella company.
if you go through an umbrella you will get the paye credit in full as long as there is sufficient tax paid.
I have never heard of a directors tax credit ---but the paye credit plus the personal tax credit does equal 3660
There are normally some advantages to setting up your own limited company if it is a long term arrangement, but I do not think it would be worth it in your wifes case
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