Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Good point about how the client will expense it. Though whether they would even talk to HMRC I don't know -- the Yanks have a thing about British tax authorities, going way back.
Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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Originally posted by Iliketax
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In this case, it seems like the cleanest thing would be for our employee shareholders to purchase ClientCo shares from MyCo for the deemed market value of the shares (whatever that turns out to be) with cash. That makes it a non-issue for Corp Tax and for employment tax, I believe. Does that sound right to you? I have other non-shareholder employees that don't want any of these shares, which might help us argue that this is not employment related, but if it helps to avoid a fight with HMRC over it then just having everyone buy them from MyCo seems easier.
Originally posted by Iliketax
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Thanks again, very helpful as always.
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