A former client of ours has emailed, a little concerned as to the advice they have been given by another local accountant.
This was a one Director company, girlfriend as employee.
New accountants advised them to create an alphabet share structure, B shares to girlfriend
No change made to Articles, no consideration of Employment securities and PA holdings case.
Entered on BS as 'Revaluation reserve- bonus share issue'
Not sure whether to help and reply to the email, or let them get on with it.