You can transfer shares to your spouse without any liability for capital gains tax, and your spouse will then receive the dividends due on those shares. If your spouse pays tax at a lower marginal rate, this will reduce your overall tax bill.
However, from 1 April 2004, paying a dividend has implications for the amount of corporation tax you pay (see question 15). This may mean that paying dividends - instead of salaries - no longer offers significant tax savings.
