questionText: To ask the Secretary of State for Business and Trade, what steps his Department is taking to ensure that companies comply with section 830 of the Companies Act 2006 on dividend payments; and whether he plans to (a) strengthen enforcement and (b) introduce disclosure requirements.
answerText: Under section 830, companies may only pay a dividend if they have sufficient accumulated realised profits to make the payment. The Government intends to give the audit regulator responsibility for issuing guidance on how companies calculate their realised...
heading: Companies: Investment Income