Evie, you need advice on this going Ltd business and you need it now. Who is advising this? I can't help you here because I don't know the ins and outs of it all. Ask your accountant. There are both legal and financial implications. Doesn't it need both of your signatures to do this? You need to understand all of this - and don't go on what the bank tells you; generally they know nothing about these things unless your H has gone to a specialist department at the bank and paid for the advice. As a tax consultant I feel very uncomfortable about what he is proposing- but then I don't have the complete picture - it just feels wrong and that he is forcing you into something for his own convenience.
Saffie me 46 H 46 M in 1986 D20,D18,S16,D13 H's A 01/05 to 07/06 H recommitted to M 07/06 renewed vows 09/06 Going from strength to strength