I have a client interested in registering for turnover tax.

They have answered yes to all the questions in the quick test, except the question relating to shareholding Click image for larger version. 

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The business whom want to register for the tax, however have no shares in any other business, it is only the shareholder whom is part of an employee shareholder scheme, would he still be able to register his start-up business for turnover tax?
Click image for larger version. 

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