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Post Info TOPIC: Director being given shares-tax implications

Veteran Member

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Posts: 66
Director being given shares-tax implications


I don't know if anybody could help, one of my clients was a small company with 2 50/50 shareholders/directors. Back in July last year, they made an employee (who is the brother of one of the directors) a director. They really want to give him shares and make the company a three way equal split. Because he is family can this be done without any tax implications at all?

Many thanks



Master Book-keeper

Status: Online
Posts: 6902

If only! They would all be at it!

Although - look up gift hold over relief which helps on timing.


Joanne McCormick

Fallows Hall Ltd

Winner - Bookkeeper of the Year 2015, 2016 and 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

Veteran Member

Status: Offline
Posts: 66

Hi Joanne,

Thank-you the gift hold helps :)

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