Dividend sharing

[PAG]

well I'm glad I am 100% shareholder in my company considering I am in the middle of a divorce.

Worth bearing in mind...

TRUE. A friend of mine is similar situation as you, unfortunately he split the company 50:50. Now he is looking to open a new one and close the current one down.

[Weltchy]

Hrm, £35 to incorporate yourself again under a new limited, resign as a company director from existing and transfer your shareholding to her, informing companies house and the taxman of such.

She gets the additional headache of having to run the old company or close it down. Your incorporated under a new company, so off you go. As long as you left no money in the old company, bar tax, you should be fine.

[lamboman]

Thanks for your replies.

So I guess I can assume its OK for my girlfriend to be setup as a shareholder (and possibly employee) and I can minimize tax without having to worry about S660?