½Û×ÓÊÓÆµ

Home / Simons-Taxes /IHT, trusts and estates /Part I6 Close companies and partnerships /Division I6.1 Close companies /Close companies—the basics / I6.113 Alteration in capital example
Commentary

I6.113 Alteration in capital example

IHT, trusts and estates

Example—simple alteration in securities

As at 31 July 2018 the share capital of A Ltd, an active trading company, was held as follows:

Arthur6,000
Bella4,000
10,000£1 ordinary shares

Arthur's shareholding was valued at £15 per share and Bella's at £6 per share.

Arthur had owned his shares for more than two years,

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial

Web page updated on 17 Mar 2025 16:42