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Company director's role?
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bridiej
Posts: 5,775 Forumite

I've been trying to find out what being a company director involves, reason:
Currently have a business as a sole trader
Want to set up a separate business as a Ltd company, which my accountant has told me I should ask my hubby to be a director.
BUT he may go self employed as an electrician in the future, so worried we are going to end up being penalised for tax.
ALSO no clear what his role and responsibilities would be, as I want to run the business alone so he has no input on it.
Can anyone point me in the right direction here please...
Currently have a business as a sole trader
Want to set up a separate business as a Ltd company, which my accountant has told me I should ask my hubby to be a director.
BUT he may go self employed as an electrician in the future, so worried we are going to end up being penalised for tax.
ALSO no clear what his role and responsibilities would be, as I want to run the business alone so he has no input on it.
Can anyone point me in the right direction here please...
0
Comments
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Companies House provide lots of information and guidance on companies.
This might be what you want: Directors' Responsibilities.0 -
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