My wife & I are shareholders of my company, I am the director and she is the company secretary. I don’t pay her as she works elsewhere. If I sell the company, will her shares qualify for Entrepreneur Relief?
I have saved up money (cc 200K) in the company bank account to be ready should I decide to buy a workshop (I currently rent). Another reason is that the accountant recommended paying dividends within basic rate of tax. Would that prejudice Entrepreneur Relief?
Thirdly, I am wondering whether to purchase inexpensive software that could take photos of purchase and sales invoices and prepare VAT return using the Annual Accounting. Any recommendations?
Thanking you for any help.