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Second opinion] I am a Director of ltd company with 50% of
Second opinion] Hi I am a Director of ltd company with 50% of the shares, joint owner with my business partner. Business hasn't been great for the past 18 months and I am trying to do a rough calculat… read more
bigduckontax
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I am intending to become involved in a UK ltd (startup)
I am intending to become involved in a UK ltd (startup) company. Let's call it S ltd. I am the sole director of another ltd uk consulting company. Let's call it C ltd. I have options for S ltd, includ… read more
bigduckontax
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What is the best way in terms of taxation for one of the 2 directors of a Ltd Co to sell his shareholding to the other for cash & leave the business which will continue to run. The business has been t… read more
Sam
Sam
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I am setting up a new business and have heard of the option
I am setting up a new business and have heard of the option of setting up an LLP and LTD to work in tandem to maximise tax efficiencies. Is this correct and how would it work with payroll etc? To clar… read more
taxadvisor.uk
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Hello, I run a small business and own 50% of the shares
Hello, I run a small business and own 50% of the shares - my business partner owns the other 50%. We are nearly five years old and turn over approx. 150k after tax for the last two years whilst this y… read more
Sam
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I received a gain through an employer EMI scheme last year
I received a gain through an employer EMI scheme last year of £40,672. Our company was acquired so all options were sold. Original value - 938 shares @ £1. I have also recently received a final releas… read more
TaxVince
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looking for advice on opening a new limited company and transfering
looking for advice on opening a new limited company and transfering assets etc from old company to the new one. Also have an employee at present company who wants to join me as a director in new compa… read more
TaxVince
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i have a ltd company iam single living with my partner and
i have a ltd company iam single living with my partner and 2 kids ,i own several houses paying me about 45000, my ltd company earns me aprox 65000 ,because of my earning from my houses i only take a s… read more
berduchwal
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I intened to close my Ltd company in December 2012, Am i right
I intened to close my Ltd company in December 2012, Am i right in asuming i can take any funds in the company, as entrepreneur payment at 10% tax, I am 65 years old. the sum will be apox, £400-00.… read more
Tony Tax
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I have a business that is a partnership (3 partners for tax
I have a business that is a partnership (3 partners for tax purposes) that we want to change to a Ltd Company. The business premsises was also purchased by 2 of the partners ( we use the ground floor)… read more
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Can I legally sell my 50% share in our private ltd company
Can I legally sell my 50% share in our private ltd company to the other director for a nominal sum of 1p?… read more
Tony Tax
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if I as a company director(no shareholding) am given shares
if I as a company director(no shareholding) am given shares by the current owner as part of an mbo restructure (he is exiting the company for retirement) and then want to exit the company myself, how … read more
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I am purchasing a running business. Family are investing whole
I am purchasing a running business. Family are investing whole amount. Would a loan or an equity interest be better?. If equity what are the capital gains cost on selling - does each euity holder get … read more
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i have received 86,000 cash payment as part of a severance
i have received £86,000 cash payment as part of a severance package with my company. This was for the realease of shares i held within the company (over two years). Could you please advise the tax pos… read more
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If a owner of a company loans the company money and repays
If a owner of a company loans the company money and repays himself later is it a drawing and therefore taxable or is it just a loan repaid, and where in the ledgers would you show these transactions… read more
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11 years ago I purchased ,in my personal name, 4 properties
11 years ago I purchased ,in my personal name, 4 properties for £60k each - they are now worth approx £150k each. I would like to sell these assets and use the equity (currently £280k approx) to inves… read more
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I have a client who owns a business and wants to gift it to
I have a client who owns a business and wants to gift it to his children. He is 80 years old and owns the business 100% I would like to know what tax implications for CGT and IHT there are if any?… read more
Tony Tax
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I am a co-owner of a small business and am concidering selling
I am a co-owner of a small business and am concidering selling my share to my business partner, we have not got a figure set in stone, but i have got a figure of around 350k in mind, we also have got … read more
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