When should you file form SH01?
When shares are allotted the directors must remember to file form SH01 (otherwise known as a return of allotment of shares) at Companies House.…
Shares and shareholders
How to complete a stock transfer form in 10 Steps
A stock transfer form (also known as form J30) is the standard document required for the transfer of shares in the UK. It contains details of both the seller and buyer of the shares, the type and number of shares being transferred…
Taxation issues on share buybacks
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…
A share capital reduction explained
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…
Using capital for a redemption or purchase of own shares
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…
What is a statement of capital?
The statement of capital was introduced on 1 October 2009 as part of the changes implemented by the Companies Act 2006, and effectively replaced the previous regime whereby there was an upper limit to the number of shares…
2025 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2024, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website
