B1378 Creating distributable reserves through a reduction of share capital
Tolley CPD
Creating distributable reserves through a reduction of share capital
Robert Jamieson
Seminar
This Seminar is 18 minutes long. This time will be automatically added to your CPD tracker.
Chapters in this video
- 1) Introduction
- 2) Old rules
- 3) Companies Act 2006 - ss 641 - 653
- 4) Why might a company want to reduce its share capital?
- 5) Modest issued share capital
- 6) The legal process
- 7) Para 15440 of the Company Taxation Manual
- 8) Example - Peter Paul & Mary (Music Publishers) Ltd
- 9) When the dividends are paid...