Limited company question

Jeremy535897

Aaron1974 said:

ukri said:

OP, we had the same dilemma as few months after incorporating.

An accountant solved it by creating two classes of shares (similar in all respects except rights to dividends) and redesignating one set of shares to the new class. So now dividends can be announced separately for each class, paying myself and the wife differently.

Im not an accountant but would suggest you get advice, the best £400 I spent.

That sounds interesting. Thank you.

Great care has to be taken. See:
https://www.taxinsider.co.uk/alphabet-shares-why-use-them-traps-and-pitfalls

It is better to set this sort of thing up ab initio, with each of husband and wife subscribing for each class of share with their own funds, however trivial.