Recent content by DDT

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    Same advisor

    Advise me on the legal process of the sale. After doing some research I find that I need legal advice not financial, As my business partner and I have agreed a ballpark figure for the sale price of the business. I would appreciate any advice on choosing a solicitor. Thanks
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    Same advisor

    I'm thinking of selling my shares in my business to my business partner. We have worked in the past with a firm of financial advisors, who I feel are a efficient and ethical. We would both be happy to use this firm, but would it be advisable for both of us to use the same financial firm.
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    Limit Spouse voting rights

    I would like to thank everyone for their help and advice. But what I thought was a simple question " if I split my company shares with my wife and share my dividend to lower my taxable income for tax avoidance, to follow the HMRC rules I have to give my wife shares with voting rights, can I...
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    Limit Spouse voting rights

    I think I may not of said that we 3 directors are also the shareholders of the company.
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    Limit Spouse voting rights

    Thank you for your reply. In my original post I said we are 3 directors wanting to split our shares with our wife's. I might trust my wife but I don't know the other directors wife's that well. I may be wrong but I think the shareholders can instruct the directors what direction the company...
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    Limit Spouse voting rights

    I would be doing the latter, splitting the shares I have between myself and my wife.
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    Limit Spouse voting rights

    Making your wife joint shareholder for the sake of sharing the dividend, thus lowering you taxable earnings
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    Limit Spouse voting rights

    Thank you for the advice, I was hoping for more guidance before I engage a solicitor.
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    Limit Spouse voting rights

    Thank you for your quick. I'm not sure what class of share the revenue needs to gain the tax advantage, but it would be that class of share.
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    Limit Spouse voting rights

    Hello Forum We are a company with 3 directors, for tax avoidance we are thinking of making our wife’s joint shareholders. To follow the HMRC rules your spouse has to have voting rights. Can you place conditions on what resolutions they can vote on? For example, on the sale of the company...