Q: My client originally subscribed for 50,000 £1 shares when he set up his company. He now feels that the company is over capitalised and would like to return some of the share capital back to himself. He wonders whether the company could enter … Continue reading Tax Question Of The Week – Share Reduction
We recently received a question regarding a family company and the availability of entrepreneur’s’ relief (ER) with regard to different classes of shares in issue. A total of 11,000 shares are in issue made up of A and B shares. Mother and father … Continue reading Capital Gains Tax – Changes to Entrepreneur’s’ Relief
The key considerations of giving shares to minors. The short answer to this is yes, it is possible. In England and Wales there are no statutory provisions prohibiting a child (under the age of 18) from owning shares. However, some companies do not … Continue reading Can a child own shares in a private company?
Don't leave your tax return to chance. Our top tips for getting the monkey off your back ... Get organised - the sooner your tax return is filed, you will be able to plan for your tax liabilities. Use an Accountant - Avanti offer competitive … Continue reading TAX YEAR END IS COMING