After a difference of opinion on the future of your company your co-director has agreed to sell her shares to you. You’ve arrived at a fair price, but the trouble is you now have to find the cash.
What’s the most tax-efficient way to do this?
Published 21.06.2013
If you’re intending to sell your shares back to the issuing company, it’s usual to ask the Taxman to apply Capital Gains Tax (CGT) to the sale rather than income tax. But is this always the best
option and do you have a choice anyway?
Published 13.12.2012
You’re planning to exit your company (it will buy your shares) and start out on your own. The normal strategy is to ask HMRC to treat this transaction as liable to capital gains tax (CGT), but might
there be a cheaper option?
Published 22.05.2019
You’re retiring soon and your fellow shareholders want to buy you out. The trouble is they don’t have the cash and paying you in dribs and drabs will cost you extra tax. How can you get your money
out tax efficiently?
Published 27.11.2013
The main director shareholder of a company is moving on. It’s been agreed the company will buy his shares, but the trouble is it doesn’t have enough cash. Why is this a problem and how can it be
resolved?
Published 18.09.2023
A company has the power to buy back its own shares from its shareholders, allowing you to cash in on your investment tax efficiently. A recent case has brought a new twist to this classic. How could
you take advantage of this?
Published 21.06.2007
You’re aware that sharing your company’s income with your spouse can save tax but aren’t sure how to do this in practice for the maximum tax advantage. What tips or traps should you be aware of?
Published 07.04.2022
Owning your company jointly with your spouse can significantly reduce your tax bill compared with owning it alone. It’s worth transferring shares as a gift to achieve this, but might a sale to your
spouse be even more tax efficient?
Published 19.02.2019
Where you sell your shares back to your company you can ask the Taxman to apply the Capital Gains Tax rates instead of the less generous ones for income tax. This can save you a bundle in tax, but if
he refuses is it all bad news?
Published 22.06.2010
You’re parting ways with your family company and leaving it to the next generation. The plan is for your company to buy your shares and for tax reasons ask HMRC to treat it as a capital transaction.
But might there be a better option?
Published 26.06.2017