I am director and shareholder and outside the Uk
The ltd also employs one person who manages the company and is basically the contact person (there are some rental income that are collected and managed but that’s a different story)
Despite me being non tax resident in the Uk I continue to be director and shareholder of the ltd with no foreign tax implications and the ltd is registered in the U.K. and subject to Uk tax implications
I think zero sum you are thinking about this too hard. The company can continue to be operated under Uk tax law wherever you are. It is only income which you take out personally which is subject to local non Uk tax (and of course Uk tax) consequences
So the answer to your question is no implications for employing family member provided they do something useful and real. Accountant is fine with this and even suggested if
The ltd also employs one person who manages the company and is basically the contact person (there are some rental income that are collected and managed but that’s a different story)
Despite me being non tax resident in the Uk I continue to be director and shareholder of the ltd with no foreign tax implications and the ltd is registered in the U.K. and subject to Uk tax implications
I think zero sum you are thinking about this too hard. The company can continue to be operated under Uk tax law wherever you are. It is only income which you take out personally which is subject to local non Uk tax (and of course Uk tax) consequences
So the answer to your question is no implications for employing family member provided they do something useful and real. Accountant is fine with this and even suggested if
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