Use a holdings company?

[confused72]

I have shareholdings in five/six active UK Limited companies of various percentages, mostly below 50%.

Is there any benefit in me transferring the shares to a UK Limited holdings company? I believe that dividend payments received by one limited company as a shareholder in another are exempt from corporation tax.

I am aware that it would be easier for me to dispose of my shares in the other companies if I sold my holdings company (without having to go through the routine of getting share certificates changed in the operating companies). I am also after some type of asset protection.

Many thanks

 

[confused72]

I have shareholdings in five/six active UK Limited companies of various percentages, mostly below 50%.

Is there any benefit in me transferring the shares to a UK Limited holdings company? I believe that dividend payments received by one limited company as a shareholder in another are exempt from corporation tax.

I am aware that it would be easier for me to dispose of my shares in the other companies if I sold my holdings company (without having to go through the routine of getting share certificates changed in the operating companies). I am also after some type of asset protection.

Many thanks

Any takers?

 

[taxspecialist]

It is possible to use a holding company and do a share swap.

 

[confused72]

It is possible to use a holding company and do a share swap.

Hi

I don't understand, sorry.