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please don't think the worst by default. Imagine I was paid £1000 per month via PAYE. Then I got the shares and and paid £500 via PAYE and £500 by divi. When I changed to contractor the PAYE changed to Invoice, so £500 + £500. Imagine the Divi stopped and I increased my invoice to £1000. All...
Long story, try and keep it short. I worked for a company for 12 years and was granted 10% share in the business.
I was never made director. around 9 years ago I started a new venture and was employed back to the business as a contractor consultant (still retained shares) I was taken off the...
yes @Porky this is exactly it. Thanks!
I thought I could return 20% of my shares then issue them 10% each, but your plan does the exact same thing. Can I do that using webfiling? I would appreciate the wording for resolution filing. I know this all seems a bit odd, but I'm bidding for...
Its currently a zero value business, it hasn't traded yet. It's not a cost thing, just that I thought it would be easier to rearrange the share on the existing biz rather than register another new one.
I do own 100 x £1 shares currently. Yes it might be easier, however I'm not sure how complicated it is to split the shares as yet. Can it be done online or do I need a solicitor?
Hi everyone, I don't seem to be able to get an easy answer to this one from googling.
I have a limited company with 100 shares value £100. I would like to use it to launch a new service. I have 2 biz partners and want to give them 10% each. I've made them Directors without issue.
Do I have to...
Contract is around £23k and a lot of that is cost, so I'll still have to pay license for the full term even if they don't pay me. I'm also tempted to do it on trust, has worked 95% of the time in the past 10 years, but wanted to sound it out!
We are a micro biz and I have a customer who has failed a credit check as their ltd company is too new. They are owned by a larger entity who passes the credit check. They want a contract for IT services (36 month term) in the new ltd company name, as they may sell that business in the future...