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Sam
Sam, Accountant
Category: Tax
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This is a question about share transfers of a private UK company.

Customer Question

This is a question about share transfers of a private UK company. At the moment (for reasons that do not really matter) the shares are owned by a Cayman Island holding company. The intention is to get rid of the holding company and transfer the shares to myself and the other director (both UK residents).

The UK company will be reporting a loss for the last financial year (circa £60k) and I want to minimise any tax implications.

The actual paperwork of the transfer is simple. I am looking for some views on the matter prior to taking action.
Submitted: 4 years ago.
Category: Tax