Important new development for 2018 is the new rules for tax on split income (TOSI).

Applicable for 2018 tax year, these rules are intended to restrict the payment of dividends (and some other types of income) to related shareholders (example spouse or child) from a service business when that individual is not actively engaged on a regularly, continuous and substantial basis.  

There are several exceptions and the rules are quite complex.  If you would like to discuss further please contact us regarding planning available around these new rules.