Contractor Ltd Company and divorce Contractor Ltd Company and divorce
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  1. #1

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    Default Contractor Ltd Company and divorce

    Hi

    Can my spouse take 50% of the business (the profits in the account) including Directors Loan?
    I own 100% share currently, if I was to give some of this away to family member, would this prevent spouse getting hands on it?

    Thanks

  2. #2

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    Old Greg is a fount of knowledge

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    Quote Originally Posted by OrangeJuice View Post
    Hi

    Can my spouse take 50% of the business (the profits in the account) including Directors Loan?
    I own 100% share currently, if I was to give some of this away to family member, would this prevent spouse getting hands on it?

    Thanks
    1. Sorry to hear of your difficulties.
    2. FFS.

    Does that cover it off?
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

  3. #3

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    What does your prenup say?

  4. #4

    I live on CUK

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    Quote Originally Posted by AtW View Post
    What does your prenup say?
    She gets custody of the chutney spoon collection.
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

  5. #5

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    northernladuk is always on top

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    If she's run off with a 6 foot 8 gladiator I'd give her the lot. Pronto.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

  6. #6

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    BTW she says you can keep the loan.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

  7. #7

    Fingers like lightning

    GJABS - scorchio!

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    Say that she can have the whole company - and then dob it into HMRC for IR35..

  8. #8

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    Quote Originally Posted by AtW View Post
    What does your prenup say?
    Don't have Prenup arrangement.

  9. #9

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    Quote Originally Posted by OrangeJuice View Post
    Don't have Prenup arrangement.
    Have you asked your solicitor?
    Quote Originally Posted by Bean
    I admit that I'm a lazy lying cretin, but so what?
    25 June 2018

  10. #10

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    BlueSharp is NOT a disguised employee

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    Blow it all on hookers and coke then she gets nothing.

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