Quote Originally Posted by Toadstool View Post
I run a consultancy business and the model is I pay both myself and my wife wages and dividends.

Yesterdays announcement means that I'll just get 80% of the £1k per month we pay ourselves should the contract be terminated due to CV19.

So all that profit that the government is saying is income from a disguised employment when they want to collect tax, isn't income from employment when paying it out?
I assume your wife works in a meaningful at the consultancy? If so, then the company is a legit business.

If it's a limited company then directors, which I assume both you and your wife are, will get zip.

However... this exculsion really craps all over HMRC's attempts to label Ltd company contractors as "disguised employees".