repayment of share cap & spa

repayment of share cap & spa

Didn't find your answer?

individual invests £20,000 in new trading company by way of subscribing for stake of 20 £1 ord shares plus share premium £19,980

assume the investment qualifies for SEIS

say in 5 years time the company has retained profits of at least £20,000

is the company allowed to reduce its share capital by purchasing these shares for £20,000 and for him to obtain CGT treatment on the buyback

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.