Self employed sole trader and tax benefits help

A question about : Self employed sole trader and tax benefits help

Hi all

Myself and my partner have decided to move in together and declare to hmrc we are partners

She currently has 2 children under 5 one in school and does not work

I am self employed as a sole trader and earn in excess of 30.000

We are trying to find out exactly what we are entitled too and if her working will be better. What I read is as its over 30k it does not make a different if she is working or not.

So we are talking

Child benefit
Child tax benefit
Working tAx benefit

Would it be beneficial if I turned the sole on to a Ltd company and paid myself say Ј1200 pm and no dividend at end of year?

Just to be strIght we are not trying to fiddle anything here. Just trying to get as much legal help as we can at the point of moving in to ease things

Thanks

Best answers:

• Child benefit - Yes in both circumstances - Ј34.05 per week
  Tax Credits - on household income Ј30,000 - Ј21.50 per week
  - on household income Ј14,400 - Ј140 per week