Knowledgebase Support HMRC Useful links
Knowledgebase home
Tax Return Production
Accounts Production
Practice Management
VAT Filer
CloudConnect
Anti-Money Laundering
Support home
Video Training Guides
NEW

Hot Topics
SimpleStep Guides
Release Notes
Technical
Known Issues

HMRC Status
Useful Links
MTD for Agents MTD for Businesses What is MTD
Preparation
Agent Services Account
MTD for VAT
MTD for Income Tax
MTD for VAT
Digital Record Keeping
Quarterly Updates
Step-by-step Guide
HMRC's MTD Timeline
TaxCalc's MTD Journey

How to allot shares in Taxcalc

Article ID: 2747
Last updated: 23 Oct, 2019

In order to allocate shares against a particular person in Practice Manager, you first need to ensure that you have a relationship created for the shareholder. Please complete the following steps if you haven’t already done so:

  • Launch Practice Manager.
  • Double-click on the relevant company/partnership.
  • Click on Relationships.
  • Click on Create Relationship.
  • In the wizard, select the related client/contact in the list. If the director/partner is not in the list, select the New option and create the director/partner
    Note: You can select Client or Contact in the drop-down box
  • Click Continue
  • Select Shareholder from the drop-down list and then enter the Date of commencement

  • Click Continue and then Finish to complete this process.
  • Repeat the above instructions for all Directors, Company Secretaries or Partners you need to add as Shareholders.

Once the above has been complete, you will be able to create share classes and issue shares. In order to do this, please complete the steps below:

  • Click on Share Capital
  • Select New Class
  • Enter the Class of share, Currency and Nominal value of each share and then select Finish

  • Click on Shareholdings
    Note: Each Shareholder created in the Relationships section should appear in the shareholdings list.
    Click on Allot Shares
  • Enter the Number of shares, amounts paid/unpaid and the Date of allotment

  • Click Save
  • Click Finish from the left-hand side menu and then select Finish and Save
Article ID: 2747
Last updated: 23 Oct, 2019
Revision: 3
Views: 940
This article was:  


Also listed in
folder Practice Manager
folder Company Secretarial