Originally posted by NCOTBAC
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Reply to: Wife shareholding increase
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Previously on "Wife shareholding increase"
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Messing about with shareholding too often is going to make you a target for HMRC. If you plan on upping it to 50% because she is inbetween jobs and plan on reducing it again in the short term future then I wouldn't. If this is a permanent change and don't expect to be making any further changes then fair enough.
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Originally posted by ASB View PostI quite often see this raised, but OI'm not sure it is entirely relevant. At the end of the day it is all marital property irrespective of nominal ownership anyway.
Of course it can complicate the settlement process, should that be necessary.
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Originally posted by MrMarkyMark View PostNo problem, unless you get divorced in the future.
Then the shareholding has the potential to end up 100% your wife's.
HTH.
BIDI.
Of course it can complicate the settlement process, should that be necessary.
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Originally posted by MaxyContr View PostI plan to increase this to 50%
Is there a problem with this?
Then the shareholding has the potential to end up 100% your wife's.
HTH.
BIDI.
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Originally posted by MaxyContr View PostI have had my ltd company since 2011 on a 20% shareholding for my wife
I plan to increase this to 50%
Is there a problem with this?
Do I need to be aware of anything towards this
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Originally posted by MaxyContr View PostI have had my ltd company since 2011 on a 20% shareholding for my wife
I plan to increase this to 50%
Is there a problem with this?
Do I need to be aware of anything towards this
Gory details here:
https://www.gov.uk/make-changes-to-y...hare-structure
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Wife shareholding increase
I have had my ltd company since 2011 on a 20% shareholding for my wife
I plan to increase this to 50%
Is there a problem with this?
Do I need to be aware of anything towards thisTags: None
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