Hi,
I am leaving a compnay that I was a director and partner of for 5 years.
I have 1/3 share of the company valued initially at @€1 The other two partners are keeping the company as a going concern and have offered a sum of money to me to leave. (c€30k)
My question is what is the most tax efficient way to receive this money. If it is a shareholding is it only liable for CGT?
Thanks in advance
I am leaving a compnay that I was a director and partner of for 5 years.
I have 1/3 share of the company valued initially at @€1 The other two partners are keeping the company as a going concern and have offered a sum of money to me to leave. (c€30k)
My question is what is the most tax efficient way to receive this money. If it is a shareholding is it only liable for CGT?
Thanks in advance