Originally posted by mikef
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If you're thinking about making her a shareholder (it seems like your conflating this with being a company officer), you can do this to so long as she is given ordinary shares with full voting rights and right to capital (see Arctic systems case). But engage an accountant to ensure this is done correctly (if you transfer some of your shares to her there should be CGT or IHT implications). If you do this it would be beneficial if she remains company director to ensure she is entitled to entrepreneurs relief if you ever close the company down and take a capital distribution.
Of course, if she already makes use of all or most of her basic rate tax band in her main job this probably wouldn't be very beneficial so keep it simple. Make yourself a director, let her stay as director or resign if she wishes and leave it at that - don't bother messing around with shares. But she definitely doesn't have to resign if she doesn't want to.
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