Recent content by karenlr54

  1. K

    selling co shares

    Thank you gentlemen for all your replies much appreciated
  2. K

    selling co shares

    Hi thanks for your reply so to confirm if i,m not working or income is lower than £11500.00 in 17/18 they would be tax free? how much is the stamp duty rate? I,m sure i read somewhere that the buying back of shares could be used by the co as a expense but i must have imagined it will it make...
  3. K

    selling co shares

    my husband and i have a ltd co both 50% shareholder directors we are divorcing the divorce proceedings started in aug 15 I hope to be divorced either at the end of this yr or early part of next I would like to sell my shares back to the co for £30,000 (it has more than enough money in the...
  4. K

    are shareholders funds drawable

    Thank You gentlemen
  5. K

    are shareholders funds drawable

    Hi if you have a credit balance in your directors loan account and also a figure in the shareholders funds is this actual monies owed to you by the company ? I know you can draw from the loan account if it is in credit but what about the figure in the shareholders account
  6. K

    how to word redundancy pay

    I only mentioned redundancy because another accountant said it could be done if i sell my shares back to the co at £30,000 (they were issued 1 share each amount pd up on each £1 nominal value) what would my charge be and what would the cost to the co be?...what paper work would be needed to go...
  7. K

    how to word redundancy pay

    yes i know what our accountant should be doing but he isnt its a nightmare...i have taken paid tax advice...cost me a fortune and also solicitors advice too...it isn't an artificial arrangement ..my husband wants the co and wants me out he wants our accountant now to do my job the accounts vat...
  8. K

    how to word redundancy pay

    Our accountant wont advise me even though i have asked though he has been giving my husband 'advice' i paid out and asked another accountant she suggested redundancy could be an option as my husband doesnt want me working in the business anymore this seemed a suitable option i wasnt going to...
  9. K

    how to word redundancy pay

    I am a director and shareholder of a Ltd co the other half is owned by my husband our income is both payee and dividends and has been kept just under the threashold we are divorcing and i am leaving the co and giving (not selling ) my shares to my husband As part of my settlement i am taking...