Thanks Paul . What is the treatment where treated as bare trustee and a lease is extended to a leaseholder who is not going to be be a shareholder - capital gain on the individuals who were part of the original purchase?
Thanks TheDullard for this, very helpful.
I am probably being obtuse, but it is under the 1993 Act. Would it follow that we should treat the company as having the legal but not beneficial ownership (or am I misunderstanding the term nominee)?
My answers
Thanks Paul . What is the treatment where treated as bare trustee and a lease is extended to a leaseholder who is not going to be be a shareholder - capital gain on the individuals who were part of the original purchase?
Thanks.
Thanks TheDullard for this, very helpful.
I am probably being obtuse, but it is under the 1993 Act. Would it follow that we should treat the company as having the legal but not beneficial ownership (or am I misunderstanding the term nominee)?