Adding One More Director

[ASB]

But....Mrs Wasiter would need to do a tax return if she were not merely an employee of Mr Wasiters company, but a company director. ie. that she jointly controls the company rather than just works for it.

http://www.hmrc.gov.uk/sa/need-tax-return.htm

Who needs to complete a tax return?

- self-employed people (including members of a partnership)
- company directors (except not for profit organisations)
etc
etc.

At least that's what HMRC say, and who am I to argue?

Sorry, I think I might have misunderstood what you were saying. If by "self cert" you meant "full in an SA100" then you are quire right. I think - now - that is what you did mean. When I read it I thought you meant ensure it is declared on as SE1 - which depending upon exactly the arrangments is not likely, but not impossible.

[expat]

Perhaps it's just me but there seems to be a bit of vagueness about roles. In a few words:

A shareholder owns (part of) the company.
A Director controls the company.
An employee works for the company for wages.
A company secretary performs certain administrative functions for the company.

Each of these four roles is quite distinct. A person can fill any number of these roles, they are independent.

Now to the OP. If you make someone a director, they have a degree of control over the company. That's what a director is.

They don't own it, shareholders do that. Shareholders may be paid dividends; nobody else may be.

They don't get paid wages for working for the company, employees do that. However any money they are paid by virtue of other roles that they hold, may be subject to special conditions because of the fact that they are a director (for example, the NICs calculation is different for the salary of an employee who is also a director).

They don't have to fill in accounts and returns, the company secretary does that.

So what issue would HMRC have? Unless of course you don't mean add a director, but mean add a shareholder, or add an employee, or somehow pay out money to someone else. But that is nothing to do with being a director.

[Brussels Slumdog]

Company control

Hello all,

i want to add an one more director to my company (ideally, my wife) but, she is employed (full time) so, my accountant is telling me that could be an issue with HMRC

Is it TRUE?

or, is there any workaround for that?

Thanks

Why do you want Mrs Wasiter to become your co-director?

This only makes sense if either you are both self employed and you both use the company to make a living. Even if your wife does have a permanent you could use the company as an IT contractor and your wife could use the company to sell her art work or provide B&B in the spare room.
Is Mrs Wasiter putting pressure on you to control your company?