Article Tag: shareholder

Are you at risk when changing your company’s articles of association?

Shareholders may amend a company’s articles of association by special resolution, provided the amendment is made in good faith and, in their opinion, for the benefit of the company. The test for whether an amendment was made in good faith and for the benefit of the company, is whether a reasonable person could have come… Read more »

That’s a relief! Tax relief on your business upon death

When someone is setting up a new business, it’s an exciting venture with the prospects of making money and providing for your family. Recently, there have been lots of tax provisions to help out businesses but one that has been around for some time and gets forgotten about is Business Property Relief (BPR). If your… Read more »

All that I have I share with you… except my company assets!

You could be forgiven for thinking that everything will be taken into account in a divorce financial settlement– even assets held by a spouse’s company. Indeed this has been the decision in the majority of cases to date where assets held in the name of a company owned by one spouse are transferred to the… Read more »