Share Ownership & Tax
#1
Is there a tax liability position for just holding shares in a ltd company? (No profits/no dividends)
Is there a tax liability position for just holding shares in a ltd company that makes a profit? (No dividends)
I know that if you get dividends from shares then you have a potential tax liability.
Is there a tax liability position for just holding shares in a ltd company that makes a profit? (No dividends)
I know that if you get dividends from shares then you have a potential tax liability.
#4
Puff
You might be better asking for share options that can be gained either on a certain date or exercised in case of sale of the company.
*I think* there is another liability as a shareholder which is the one of the debts of the company..
One for Mrs PTMW! me thinks..
will ring you tomorrow..
You might be better asking for share options that can be gained either on a certain date or exercised in case of sale of the company.
*I think* there is another liability as a shareholder which is the one of the debts of the company..
One for Mrs PTMW! me thinks..
will ring you tomorrow..
#7
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If you are given shares in a company, is there a potential tax liability?
As an employee share ownership scheme?
Or other?
Is there a level? (Like I don't recall being taxed on my allocation of Halifax shares )
Dividends are treated as income for tax purposes and should be declared on your tax return (For those that get one).
HTH
D
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#8
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Willie,
Liability on debts of the company only extends to the nominal value of the shares.
In Puff's case there would be no additional liability.
D
Liability on debts of the company only extends to the nominal value of the shares.
In Puff's case there would be no additional liability.
D
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