ab2016
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Gifted shares - repatriation of dividend income
Hello If I am gifted shares in a private company from a parent that pays regular dividends, am I able to make regular cash payments back to the parent which are equal to the after tax income I receive from the dividends? I am a higher rate tax payer in the scenario above. The shares also currently qualify for business relief, if shares were to be sold would there be any inheritance tax implications if further regular payments were made back to the parent?