Companies and transfer of funds

Companies and transfer of funds

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I have a client who have two companies. Company A where his brother and wife are directors.

My client has 70% shares in the company and 30% is owned by his wife.

Company B where there are 5 shareholders and 5 directors. My client is one of the shareholder and director.

Company B is going to get a big contract and my client wants to transfer his share of the income from Company B to Company A in the form of management fees or consultancy.

Will this be legal, allowed and acceptable to the Inland Revenue?

Many Thanks

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