I going to retire in 10 years time. I want to pass my practice on to one of my staff (let's call him JS) who has been with me for many years. We are not connected parties.
Share owner is selling his shares in a business to his two co-shareholders. There will be an upfront payment for half the money now, followed by monthly installments for the balance over say 6 mon
I currently have a client who's business generates two different streams of revenue.
The concept of Employee Shareholder (ES) Shares was introduced in September 2013.
I have recently acquired a new Ltd Co client. It is a husband and wife company with no other employees.
Client company wants to transfer 50% shares to a Director, either by way of transfer or issuing new shares.
Existing retained profits of c£30k