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Recent content by drac
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Shall I make my wife a director - "post artic"
I needed the gentle caring support of the CUK board to nudge me a little further into the right direction I think ;)- drac
- Post #28
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
as i understand the issue i thought that the gift of the share was NOT wholly or substantially a right to income. therefore whether it was gifted or the fact that there was little capital in the business the case did not fall within S660A ... if that makes sense? isn't that how we all we...- drac
- Post #25
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
I don't want an accountant thanks! Had one of those and they made more mistakes than I did... at least doing it yourself you learn and understand the mechanics. Cheers for the help- drac
- Post #21
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
as I understood it , shares are either issued or authorised. issued means sold to share holders, voting power, dividends etc authorised means potential shares available based on articles when the company was formed. unless a share is issued no dividend is paid ... I hope! still stuck over...- drac
- Post #19
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
ok, still confused how to do this and would appreciate some help 1000 shares , 1 share alloted at the moment (mine) have been paying myself a dividend and both my wife and i salary i want to split the dividends in future , say 40% her 60% me how do i do this ? 1) do i issue the remaining 999...- drac
- Post #17
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
i don't follow you , i was going to allocate say 30-40% of the dividends to her and in order to do that I thought a different class of share would be the way to go.. is there another way? clearly I have a bit of reading to do in this logistics of this with companies house etc as it all looks a...- drac
- Post #15
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
little bit confused over the mechanics of issuing shares of a different class and entitlement.. if i have a company with 1000 ordinary shares of the same class (ordinary) do i simply file a form 128 to specify a different class , file a 288 to appoint her as a director and post off a note...- drac
- Post #13
- Forum: Accounting / Legal
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Shall I make my wife a director - "post artic"
We have a similar set-up. I was contemplating issuing a share to her and making her a director to split some of the dividends. I know it is a tricky one but I am seriously contemplating it. What do people think?- drac
- Thread
- Replies: 27
- Forum: Accounting / Legal
