Resign as a director once a replacement is in place, but still remain a shareholder. A director need not necessarily be a shareholder and a shareholder need not necessarily be a director. The new status would (hypothetically) be as a "shareholding employee"... How can you resign without having to give away that share of the business?
Have you any friends who are self employed or Prop directors. Maybe they could employ you in their business and you could do the same for them. That way you would be both entitled to claim your paye credit and you would both be getting the benefit of a class A contribution.
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