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Where Taxpayers and Advisers Meet

issue of new shares in a company

Yiannis17
Posts:114
Joined:Wed Aug 06, 2008 3:43 pm
issue of new shares in a company

Postby Yiannis17 » Thu Feb 17, 2022 12:09 pm

Morning

Have someone who has 100 ordinary £1.00 shares in their company. An investor is coming on board for a considerable amount for a 41% shareholding and it has been decided to issue new shares as opposed to the current shareholder transferring their shares. Is there a capital gains tax on this issue on new shares?

Thank you

bd6759
Posts:3784
Joined:Sat Feb 01, 2014 3:26 pm

Re: issue of new shares in a company

Postby bd6759 » Thu Feb 17, 2022 7:34 pm

No


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