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Hi folks, just to let you know that the company accountant has advised that he can see no sound argument against me becoming a director/shareholder in my wife's company.
There are no overriding TAX implications because I am a working director making money for the business (the larger share of...
Thank you, but I have to say you've lost me there pmeswani (ps. no offence but your avatar is very distracting)
Is your differing opinion here arising because I talked about being an employee of my wife's LTD as opposed to being director or partner?
Wanderer mentioned the advantages of a...
Thank you guys for your informative responses.
Yes thank you the current Mrs. T and my financial affairs are very much shared and in-line; we are also in a very stable and trusting relationship so that side of things is not a concern. Saving money on fees and taxes certainly is a concern, and...
Whoops it looks like I have cocked-up with the details in my question a little here.
My wife's company is not failing, quite the contrary. I was simply attempting to get across (badly) the fact that she is currently using her business expenses to offset her profit, and so reducing her tax...
Hi Folks,
I've searched the forums and drawn a blanks hence the post; wouldn't be at all surprised if this has been asked many times before however so apologies for that.
I am starting-out as a LTD contractor for the first time, my wife is currently contracting a 3 day week with her own LTD...