Can I Reduce Limited Company Tax with My Spouse?

By Kate | October 31, 2022

A bride and groom reduce the distance between them by holding hands in a wedding dress.

Company owners can make big tax savings by transferring shares to their spouse or civil partner. The good news? There’s no Capital Gains Tax on gifts between married couples – however, careful planning is required for the diversion of income to be tax-effective. If you are a cohabiting couple, and not married or civil partnered,…