Recent content by sheendirector

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    How to write share particulars in my case

    Hi, My company has two share classes. Class A has 1 share, each has a voting right, a dividend right; class B has 99 shares, each share has a dividend right only. Now I am doing 1:1000 share split to class A. I want aggregate rights of class A remain same. How do I write share particulars for...
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    Property flipping company

    Thanks for comment. I forgot to mention, it's a LTD company business
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    Property flipping company

    Hi, i am buying property renovate and sell it. I am told that the property I bought should be in Asset -> Stock or Work in Progress. What about the money I spent on agent, solicitor fees? And what about the renovation cost? The renovation cost is big, do I put them in certain expense account...
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    Employee tax code change from HMRC - what does it mean?

    Thank you!
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    Employee tax code change from HMRC - what does it mean?

    Hi, I received HMRC tax code P9 form. It says the code is xxx, and says "Please use this code for tax year to 5 Apr" and the year is 2024. Does HMRC want me to use this code for the period from 06 Apr 2023 to 05 Apr 2024?
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    Who can sign on behalf of parent company

    find answer in Companies Act. P's director or shareholders can authorise a person as representative to vote in A's meeting.
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    Who can sign on behalf of parent company

    Thanks all. It's shareholder ordinary resolution. P is the only shareholder so P should vote. Assuming model articles, does it mean P's director can vote on behalf of P shareholders, or all P shareholders have to vote?
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    Who can sign on behalf of parent company

    P is the 100% shareholder of A. So if ignore P, who will make shareholder ordinary resolution?
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    Who can sign on behalf of parent company

    I think I asked confusing question. It's a written resolution. A's director will sign the resolution document. But who should send agreement to A's director on the resolution? The shareholder is P, a company. Is it P's director or P's shareholders individually?
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    Who can sign on behalf of parent company

    If a company A has a parent company P which has a director and 2 shareholders. If this company A needs to pass ordinary resolution, who can sign the resolution on behalf of P? Is it P's director or has to be the 2 shareholders of P?
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    carry loss back but not full loss can be carried back

    Hi, my ltd's current year loss is 20K and last year's profit is 25K, I choose to carry back the full amount of loss, however, when I am filing corporate tax for this year, the system only allow me to carry back 18K. I don't understand why there is 2K gap. Anyone know possible reason? It looks...
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    share value of private company when gift or exchange

    Thanks. I am aware of this.
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    share value of private company when gift or exchange

    Am I right that CGT rollover relief can apply to shares of private company?
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    Director loan treatment question

    Thank you!
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    share value of private company when gift or exchange

    You can actually ignore the complex bit, let's say you want to gift 50% share of your company to child, how do you value the gift for CGT?
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