Changing share structure of a Ltd Company

[Alpinestars]

V8RAW said:

I've had shares reclassified in one of my businesses so that one of two shareholders can be paid a dividend but not the other.

Had no issues from HMRC so far.

Depending on the other rights of the shares, this might still fall foul of the settlements regime. You self assess, and HMRC can challenge it. You therefore may not have disclosed the relevant facts, and/or HMRC has not picked it up/don’t consider a settlement has been created.

Edited by Alpinestars on Thursday 13th September 21:12