[John Mart]

By the time I went limited, Mrs 8 weekly was already leafleting 10 hours a week, doing credit control and no longer in other full time employment. So it was a natural thing that she got 50% of the business and still does the “fadmin” as she calls it.

I just wondered what others do in their businesses? Do they share the ownership?

[Kev Martin]

Behind every good businessman there is usually a brilliant woman

[KS Cleaning]

My wife works full time but I still used to put her through the books at £120 per week, she paid the full 20% tax on her wage I gave her,  in doing this I was effectively reducing my tax bill as I was saving 9%  NI on the £120. Stopped when she got promotion  at work which meant the wage I paid her would be taxed at 40%.

[The Jester of Wibbly]

Your wife already owns 50% of everything you have 

[John Mart]

Your wife already owns 50% of everything you have 

My accountant actually cautioned me against the 50%.

[Arnold Palmer]

Your wife already owns 50% of everything you have 

My accountant actually cautioned me against the 50%.

Not something that you want to think about but it's better if dissolving your marriage doesn't lead to dissolving your business.

[Go]

50% share. She’s the MD!
Far more ruthless than me.

[Shrek]

I pay my Mrs a small wage per week for water filtration duties, txt the night before duties, administration duties, filling the van up at night duties, estimates of jobs duties , cleaning my work gear & cloths duties.
It’s not 50% though , probably should be though

[John Mart]

Your wife already owns 50% of everything you have 

My accountant actually cautioned me against the 50%.

Not something that you want to think about but it's better if dissolving your marriage doesn't lead to dissolving your business.

That obviously was his point. Things could certainly get very sticky. But not in a good way. 

[Stoots]

No chance

My business is 100% mine, built by me alone....and if we ever get married i will look to protect it legally...

Ive already been left with naff all after a previous breakup, promised myself never again.

 

[james peters]

only lived with my partner for a year. her money is hers , and mine is mine
although we live in my house , and its my mortgage …
she earns the same or just under what I get , so tbh , we have a good life style .

[Smudger]

Before ltd we were a partnership but now I’m sole director

She is paid 12k per year wages but everything is hers so she tells me😵

50/50 is bad idea 51/49 so there is an overall control

Darran

[John Mart]

Before ltd we were a partnership but now I’m sole director

She is paid 12k per year wages but everything is hers so she tells me😵

50/50 is bad idea 51/49 so there is an overall control

Darran

I take your point but 50:50 works for us. I make most decisions. Does Mrs Smudger not have shares?

[Arnold Palmer]

Before ltd we were a partnership but now I’m sole director

She is paid 12k per year wages but everything is hers so she tells me😵

50/50 is bad idea 51/49 so there is an overall control

Darran

I take your point but 50:50 works for us. I make most decisions. Does Mrs Smudger not have shares?

That's totally fine until it isn't.

[John Mart]

Before ltd we were a partnership but now I’m sole director

She is paid 12k per year wages but everything is hers so she tells me😵

50/50 is bad idea 51/49 so there is an overall control

Darran

I take your point but 50:50 works for us. I make most decisions. Does Mrs Smudger not have shares?

That's totally fine until it isn't.

I get that too! But we’ve been together for 35 years so I reckon we’re good. If you knew me you’d understand that she’d never leave me and I’m not sure I’d survive long on my own. 

[Arnold Palmer]

Before ltd we were a partnership but now I’m sole director

She is paid 12k per year wages but everything is hers so she tells me😵

50/50 is bad idea 51/49 so there is an overall control

Darran

I take your point but 50:50 works for us. I make most decisions. Does Mrs Smudger not have shares?

That's totally fine until it isn't.

I get that too! But we’ve been together for 35 years so I reckon we’re good. If you knew me you’d understand that she’d never leave me and I’m not sure I’d survive long on my own.

Maybe it's her that needs 51%?

[Kev Martin]

I  run my business day to day with more and more input and help from my Son as I head towards retirement but often if I reach a sticky wicket, need a sounding board or just some female intuition or input much to his surprise I regularly consult my wife.  I am often amazed when she throws a whole different perspective on a particular problem which is often an angle I have never thought about or even considered.  They often say two heads are better than one, but the difference for me is that my wife is a partner I can trust, who has an investment in our business and owns exactly the same % as me.  Therefore  no competition in my mind, if it were a choice between her or a Board of Directors she wins every time.

[Slacky]

Intuition.

[dazmond]

No chance

My business is 100% mine, built by me alone....and if we ever get married i will look to protect it legally...

Ive already been left with naff all after a previous breakup, promised myself never again.

dont ever get married mate.......you ll probably regret it big time.....loads of my mates have been married and divorced over the years......so glad ive never been married.....

[dazmond]

never trust anyone with your business/money either...not even your partner/wife......