Decision Makers Guide - DMG42018

Business interests

The treatment of a person's financial interests in a business depends on whether
1) the business is run by a sole trader or as a partnership or
2) the interest is in a public limited company (plc) (DMG43015 onwards) or
the interest is in a private limited company (Ltd) in which the person is

• a director and the interest is similar to that of a sole trader or partner or

• a sleeping partner or not currently working for the company (DMG44071) or

• simply a shareholder (DMG43015 onwards).

Note If a business asset is sold, and the proceeds are not immediately re-invested, a disregard of 13 weeks or longer may be appropriate.