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Recent content by techadept

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    Form own LTD or use Wife's?

    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...
  2. T

    Form own LTD or use Wife's?

    More to think about. Thanks everyone :smile I will raise these points with my accountant as I have an appointment this afternoon.
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    Form own LTD or use Wife's?

    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...
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    Form own LTD or use Wife's?

    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...
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    Form own LTD or use Wife's?

    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...
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    Form own LTD or use Wife's?

    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...

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