My partner and I each have our own Pty Ltd company which both started before we met and both companies are past that all important 2 year mark - which makes borrowing easier.
We both work as consultants - my partner is contracted to one client and I work on projects for a number of clients.
We're now thinking it makes sense to just both we directors of one company rather than doubling up on all the insurances, etc.
The tricky part is if my partner gets paid by my current company, then when we apply for our next mortgage, it will be considered a new employment which the banks might see as risky.
So we thought perhaps he could still be paid by his company, as a subcontractor to mine which would invoice his client. Helps on the stable employment front and some insurances, but still not ideal.
Does anyone have any other ideas or suggestions, or perhaps how it could work if his company became a subsidiary of mine?
You've got sort of a complicated situation here that probably warrants actual professional and personal advice - which you are exceedingly unlikely to find here!