Philip Newman, Author at Inform Direct

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…

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

(Another) Inform Direct product update – April 2018

Published in Inform Direct news on April 18, 2018 by Philip Newman

We have another exciting new development to let you know about this month……

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Tags: company documents, Inform Direct, share capital reduction, shares

Taxation of dividends received before 6 April 2016

Published in Shares and shareholders on April 5, 2016 by Philip Newman

For dividends received before 6 April 2016 the dividend allowance (covered in our article How are dividends taxed?) does not apply. Instead such dividends were treated as paid net of a tax credit. This article provides an…

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Tags: dividends, shareholders, taxation

How to forfeit shares

Published in Shares and shareholders on February 12, 2016 by Philip Newman

Forfeiture of shares is where the shareholder loses their entitlement to them as well as all rights under them. Shares are forfeited when a shareholder fails to meet an obligation under which the shares were issued to that…

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Tags: call payments, forfeiture, shareholders, shares

What is professional indemnity insurance?

Published in Business management on September 29, 2014 by Philip Newman

Professional indemnity insurance, one of the main forms of business insurance, aims to protect you and your business from various claims made by clients and third parties (whether those claims are genuine or false). In particular,…

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Tags: business management, business protection, professional indemnity insurance

How to handle pension scheme share ownership

Published in Shares and shareholders on March 18, 2014 by Philip Newman

The trustees of pension schemes will often directly own a company’s shares as part of the overall investment portfolio they hold for the pension scheme. Accordingly this ownership needs to be reflected in the company’s share…

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Tags: company records, pension schemes, share transfers, shares

Author Archives: Philip Newman