pagloss
14th May 2010, 15:04
My business partner and I have 50 ordinary £1 shares each in our business. My partner wishes to leave the company and transfer their shares over to me free of charge. Following advice on this forum I have got a J30 Form to complete. With regards to the completion of the form could someone please advise me on the following; 1) I assume the transaction is not subject to Stamp Duty, on the stamp duty form what Categories would you say that this transaction falls under and how should the transaction be described? and 2) Does the completed J30 Form have to be submitted to companies house or is it just to be retained as an internal company record?
All advice greatly appreciated.
All advice greatly appreciated.