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  • Allotment of New Shares in Ltd

    Hi HMRC i wonder if you can help please. Company A 100 Ordinary Shares Company B 100 Ordinary Share (Company A is the Sole Shareholder for Company B) i want to issue another 1001 Ordinary Shares on Company A and imediately put them on an express trust including the the original 100 Ordinary Shares. i will probably retain 1 is there ay Tax Due on Either Issuing New Shares or Gifting them on. i would apreciate Some Guidence on this please.
  • Accounting Periods

    Hi I had a situation where the software we used to sumbit pickup the bank account opening date to create the accounting periods, which meant accourdiong to HMRC we were lat to submit and received a fine. If i did redubmited amended returns would this automatically cancel the fine? submited Period one end October 2022, Period 2 end july 2023 HMRC is saying my period should have been from incorporation to July 2023. is is possible to resubmit and this would then cancel the penalties? many thanks in advance.