There comes a stage in most companies especially those who are family owned that the existing shareholding set up no longer works. For example, you may wish to bring in adult children as shareholders with a view to passing the company down the generations. If this becomes the case then the share structures can be changed to accommodate the needs now. However, any such change in a share structure invariably has a knock on tax effect so care needs be taken.
By working with our tax advisory team we can assess the current share structure and provide advice as to how it can be best changed to meet your current needs and requirements. Additionally, if you’re not sure what might be best then we can provide you with some options to consider.