qualifying shares

As for himself, he had nothing but his qualifying shares, and the missing of a dividend or two would not hurt one whose director's fees more than compensated.

Your company could benefit from Corporation Tax relief if it gives land, property or qualifying shares to a charity, or sells them to a charity at less than their market value.

If James came over to me, our holdings, together with the qualifying shares held by Johnny, Toiller, and Bill Wiltshire, would be more than sufficient to render the calling of a General Meeting pointless.

He was keen as mustard about the idea; and most charmingly grateful when I told him that he need not sell out any of his capital to buy qualifying shares, as I meant to make over to him five hundred of mine.

For example, in Luxembourg and the Netherlands as well as in Germany and Belgium, both capital gains derived from, as well as dividend income earned on, qualifying shares are (mostly) exempt from further local taxation.

However, a public company with qualifying shares may either cancel those shares immediately or hold them 'in treasury' for resale or transfer to an employees' shares scheme at a later date (or it may cancel them at a later date).

If you give land, property or qualifying shares to a charity, or sell them to a charity at less than their market value, you can claim Income Tax relief and lower your tax bill, as well as getting Capital Gains Tax relief.

The Government also announced it would consult on options to provide further support for seed investment, simplify the EIS rules by removing some restrictions on qualifying shares and types of investor and refocus both EIS and VCTs to ensure they are targeted at genuine risk capital investments.