{"id":6398,"date":"2019-08-12T09:25:55","date_gmt":"2019-08-12T08:25:55","guid":{"rendered":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/?p=6398"},"modified":"2024-09-18T09:48:47","modified_gmt":"2024-09-18T08:48:47","slug":"do-i-need-to-send-my-stock-transfer-forms-to-companies-house-or-hmrc","status":"publish","type":"post","link":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/do-i-need-to-send-my-stock-transfer-forms-to-companies-house-or-hmrc\/","title":{"rendered":"Do I need to send my stock transfer forms to Companies House or HMRC?"},"content":{"rendered":"
Stock transfer forms are documents used to transfer shares in UK companies limited by shares. These forms record the details of share transfers, including the names of the buyers and sellers, the number and types of shares, and how much is being paid for them (the \u2018consideration\u2019).<\/p>\n Transfer your company shares here<\/span><\/a>\n \n There are two types of stock transfer forms:<\/p>\n The most common type of share transfer is for fully paid shares using form J30.<\/p>\n Companies House should be informed of any share transfers on the next annual confirmation statement (Companies House form CS01). Quality Company Formations provides a Confirmation Statement Service<\/a> at a cost of \u00a359.99 plus VAT. This service can also be purchased by existing customers from the Shop area within our Online Customer Portal<\/a>.<\/p>\n There is no need to provide Companies House with copies of stock transfer forms. However, the director should update the company’s statutory register of shareholders to record the details of any share transfers. Copies of stock transfer forms, along with any resolutions and copies of share certificates relating to transfers, must also be kept with the company’s statutory registers.<\/p>\n Reporting share transfers and paying stamp duty to HMRC depends entirely on the circumstances of the particular transfer:<\/p>\n Stamp duty on shares<\/a> can be paid to HMRC by BACS transfer, online, or by cheque. If payment is made online or by BACS transfer, you should provide the payment reference and the amount and date paid.<\/p>\n HMRC takes around 5 to 10 days to process and return stamped stock transfer forms and share certificates. When they are returned to your registered office, you should store them with your company records, issue new share certificates to the new shareholders, and update your statutory register of members accordingly,<\/p>\n In some cases, there may be restrictions on the transfer of shares. Therefore, it is essential to check the company’s articles of association<\/a>\u00a0and shareholders\u2019 agreement (if one exists) before allowing the process to begin. Such restrictions may include pre-emption rights, buy-back options, and obstacles that prohibit directors from authorising share transfers.<\/p>\n Company shares \u2013 paid, unpaid and partly paid<\/span><\/a>\n \n"},"excerpt":{"rendered":" Stock transfer forms are documents used to transfer shares in UK companies limited by shares. These forms record the details of share transfers, including the names of the buyers and sellers, the number and types of shares, and how much is being paid for them (the \u2018consideration\u2019). There are two types of stock transfer forms:…<\/p>\n","protected":false},"author":10,"featured_media":6399,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false},"categories":[1239],"tags":[],"class_list":["post-6398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-accounting-finance","category-1239","description-off"],"acf":[],"yoast_head":"\n\n
Do I need to notify Companies House of share transfers?<\/h3>\n
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\n <\/a>\n <\/div>\n \n
Do I need to inform HMRC and pay stamp duty?<\/h3>\n
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Restrictions<\/h3>\n