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Shout99 - Freelancers, FO35, Section 660
  
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Additional Shareholder
by trevordavies at 09:04 18/12/09 (Ask-Legal-Accounting)
Given that section 660 seems to have gone away for the moment, I have been advised that I should make my (non working) wife a shareholder in my limited company in order to more effectively pay dividends.
Firstly, could someone advise on whether this is a good idea, for example can I gift company shares to her with no financial implications - there is a reasonable amount of money in the company which I would imagine results in the shares having some value.

Secondly, if it is a good idea, what is the process; is it as simple as notifying a change in the registered shareholdings ?
Many thanks for your time

--
trevordavies

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Additional Shareholder trevordavies - 09:04 18/12/09
Re: Additional Shareholder egos - 10:44 17/12/09
 
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