Zahir Mohammed
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Employment Allowance
Can Community Investment Companies (CIC's) claim employment allowance? If a CIC is generating more than 50% of it's annual turnover in the public sector, is it eligible to claim employment allowance? -
Buy to Let Company
Can you confirm if one buy to let property in a limited company is classed as a 'Property investment company' and should be taxed at 25% or can this be classified as trading and use the 19% bracket. This clarity is required for the company information pages. -
Alphabet Shares
2 Company Directors of Trading company + these 2 directors are also directors of an Associate Family Investment Company. Alphabet ShareStructure in Trading Company One Director has 50 A Shares in Trading Company One Director has 50 B Shares in Trading Company The Family Investment Company has one C share in Trading Company The two directors decide dividend distribution from available profits based on above share structure. Question - The Family investment company receives the majority of dividend distribution as declared by the two directors of the trading company. Are there any rules or guidelines to determine what this dividend distribution amount should be?