Back
Let us sort your Self Assessment online. £119, all in. Learn more

Shareholder

A shareholder is someone who owns shares in a limited company.

You’re a shareholder if:

  • you started your own private limited company (“Ltd”) – in this case, you’re also a company director
  • you received shares in your employer’s company
  • or you bought shares of a public limited company (“Plc”) – for example, through a trading app like Freetrade or eToro.

When you’re not a shareholder:

  • if you’re self-employed – even if HMRC classifies freelancers as “sole trader businesses”. In that case, you and your business are one. A limited company is a completely separate business.
  • if you’re in a business partnership. Partnerships are basically a way for self-employed people to work together. You’ll need to file a Self Assessment tax return both for yourself and the partnership, but you won’t have separate debts and assets.

What being a shareholder means for your taxes:

Hey there! We really hope this article helped you. Tax matters can be a dreadful topic at times. We know. That's why we started TaxScouts.
A stress-free way to getting your taxes done.

Have a minute? See how it works

More guides & useful information

Related terms

Let us sort your Self Assessment online. £119, all in.

That’s right. No matter how complicated it gets or why you need to do a return in the first place, it’ll cost £119 to get it done. That includes VAT, last-minute changes and all the support you may need.

How it works

1. Answer a few simple questions

And we mean a few. After a couple of minutes of answering questions online we’ll have everything we need to start working on your tax return.

2. Then get paired with a tax accountant

That’s right, you’ll be matched with a real accountant who is best suited to prepare your return. Plus, they’re on hand for questions whenever you need.

3. We file your Self Assessment for you

Once you’ve signed off your return, your TaxScouts accountant will file your return online with HMRC. That’s it! We told you it was simple.