One Company with Two PAYE Registrations
One company operates two distinctive businesses, each of which has its own PAYE registration.
Two employees (Managing Director & Accountant) spend 50% of their time in one business and 50% of time in the other business.
Would it be acceptable to split their gross salaries between the two PAYE registrations, thus making a nice saving on NICs?
Any issues that could arise from this?