08-23-2008, 10:26 AM
|
#1
|
|
Junior Member
Join Date: Aug 2008
Location: Welwyn Garden City
Studying:
T5
T6
T7
Posts: 2
|
Help Needed - T6
|
|
Hi
Can someone please explain share premiums further to me? I don't understand why they can't be distributed to shareholders as dividends. I'm told it's because they're treated as capital but I thought capital could be distributed back to owners in the form of dividends (companies) or drawings (sole trader, partnership).
I'm confused
Many thanks
Michelle
|
|
|