I am a director & 10% shareholder of a company. I currently work 40 hours per week and take a salary, due to childcare issues I am cutting my hours to 20 per week. My MD has advised this will affect my 10% shares. I don't know why this would? Any advise welcome TIA
Ask your MD to explain why they think this --- could be something in your Articles. This is not within the usual remit of this site.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk