Re: share classes
Ta whatsin. Tried Companies House site and sure enough they have full guidance. Never thought of that! Subconcscious rejection of anything governmenty I daresay.
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Previously on "Share classes"
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Guest replied
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Guest repliedshare classes
Xog
this has been raised recently on accountingweb - try a search on that. There are legal things that need to be done correctly.
Companies house probably have a leaflet.
(its the RED quirrels you really need to worry about)
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Share classes
In company with two directors I need to be able to pay different and variable amounts of dividend. Hardly practical to keep changing the share allocation.
I understand I can either use dividend waivers, or better, issue different classes of shares. Is it really as simple as say giving myself a class 1 share and other director a class 2 share and then paying ourselves whatever we agree on or are there any restrictions or problems I need to know about?
Ta for any answers.Tags: None
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