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Where Taxpayers and Advisers Meet
Company Purchase of Own Shares - HMRC Issues New Guidance
29/08/2014, by Lee Sharpe, Tax News - Business Tax
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HM Revenue & Customs has issued updated guidance for those intending to seek Advance Clearance for a Company Purchase of Own Shares in an unquoted trading company -  see

Company Purchase of Own Shares Helpsheet

Initial impressions are that this is akin to HMRC's toolkits - generally well intentioned and helpful, although written from HMRC's perspective. It is perhaps also not as comprehensive as some would like but nevertheless may serve as useful aide memoire.

About The Author

Lee is TaxationWeb's Articles & News Editor and writes for TaxationWeb. He is a Chartered Tax Adviser with experience of advising individuals and owner-managed businesses over a broad spectrum of tax matters.
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