Recent content by Anon_2011_2011

  1. A

    Director resignation and Taxation for sold shares

    Thanks for the feedback. The shareholding is in 2 businesses, one of which is a development business which is about to crystallise shortly on the basis of a land development agreement. If planning approval is not achieved the agreement (and shares) effectively become valueless. In this...
  2. A

    Director resignation and Taxation for sold shares

    Hi I am looking to resign the directorship of a small limited company in which I own 33% of the shares. If sale of the share capital results in a loss can this be offset against CGT and future income tax? Would I still be considered to be a Connected Person if the shares are sold after...
  3. A

    Taxation, Director resignation and Limited Company share disposal

    Hi I am looking to resign the directorship of a small limited company in which I own 33% of the shares. If sale of the share capital results in a loss can this be offset against CGT and future income tax? Would I still be considered to be a Connected Person if the shares are sold after...
  4. A

    shareholder rights post director resignation

    Yes, but I am still a director of the business. My query was around if I resign as a director but retain share ownership I am no longer able to influence day to day decision making around how monies are dealt with inside the business. My understanding is that being a shareholder (without a...
  5. A

    shareholder rights post director resignation

    My understanding is that as a director you can influence day to day decision making of the business but obviously also responsibilities. Whereas as a shareholder you are not as able to influence business decisions as such but benefit or not from the performance of the business.
  6. A

    shareholder rights post director resignation

    Thank you for the feedback. I am wondering if it is better to resign as a director of the consultancy business but retain the directorship and shareholder of the development company. My concern is that if I am merely a shareholder and not a director of the development business they could pay...
  7. A

    shareholder rights post director resignation

    Hi I am in the process of considering leaving a business and would be very grateful of any advice. I joined up with a couple of guys that I've known for many years and they had set up a consultancy and development business about 4 years ago. They approached me to join them about a year ago and...