Knowledge Centre Category: O

Ordinary Shares

Ordinary shares are the standard class of share in a limited company, carrying voting rights and entitlement to dividends from profits after any preference shareholders have been paid. Under EMI and EIS schemes, shares must be ordinary shares with no preferential rights to dividends or assets in order to qualify.

Owner-Manager

An owner-manager is an individual who both owns and runs their own limited company, typically drawing income through a combination of salary and dividends. Green Accountancy regularly advises owner-managers on the most tax-efficient way to structure their remuneration given current tax rates and their personal circumstances.