Philip Newman, Author at Inform Direct

Taxation issues on share buybacks

Published in Shares and shareholders on December 31, 2018 by Philip Newman

The amount paid by the company for shares that it buys back, either as a purchase of own shares, a share redemption or share capital reduction can have tax implications on the seller of the shares and to a lesser extent on the…

Read

Tags: purchase of own shares, share buyback, share capital reduction, taxation

What is a trademark?

Published in Business management on December 24, 2018 by Philip Newman

A trademark is something that identifies the products or services of a specific business. It is, therefore, a valuable business asset that needs to be protected to prevent others trying to use it to sell their products and…

Read

Tags: company names, Trademarks

What are the rules on company names?

Published in Company formation on November 20, 2018 by Philip Newman

Company names are important as they identify the company and it products and services. Generally, you should be able to use your chosen company name for your company or limited liability partnership (LLP). However, there are…

Read

Tags: Company Formation, company formations, company names, incorporation

Set SAIL for somewhere to keep statutory records

Published in Company records on October 17, 2018 by Philip Newman

The purpose of a SAIL (otherwise known as a Single Alternative Inspection Location or SAIL address) is for the company to use an address other than the registered office address where certain of the company’s statutory…

Read

Tags: Company Formation, company records, SAIL

A share capital reduction explained

Published in Shares and shareholders on August 28, 2018 by Philip Newman

A share capital reduction is an allowed way for limited companies to reduce their share capital without the need to meet the requirements for a redemption or purchase of own shares out of capital. There are a number of ways that…

Read

Tags: reduction of share capital, SH19, share capital reduction, shareholders, shares

Using capital for a redemption or purchase of own shares

Published in Shares and shareholders on July 25, 2018 by Philip Newman

When a private company wants to complete a share redemption or purchase of own shares it is initially required to use its existing distributable profits or the proceeds of a new issue. In some cases there might not be…

Read

Tags: redemption of shares, share redemption, shareholders, shares

Author Archives: Philip Newman