New Ltd Co - Director or Secretary? - Contractor UK Bulletin Board

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Lucifer Box replied

3 January 2006, 23:32
It has been suggested that if you intend to make your partner a shareholder and split dividends with him/her, making them a director is a possible useful defence against a 660 attack from HMRC.
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xoggoth replied

3 January 2006, 22:44
Not that I can think of.
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Pointy-Hair started a topic New Ltd Co - Director or Secretary?

3 January 2006, 22:41
New Ltd Co - Director or Secretary?

Hi - having started my first contract today I am in the process of setting up a limited company. The company is formed, now I need to assign the director(s) and secretary.

Just wondered if anyone knew the ramifications of this, as I can either a) make just myself a Director and my partner the Company Secretary, or b) make both my partner and I Directors, and me also the Company Secretary. Are there any implications of either approach?

Thanks!
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