If two directors are splitting and one is staying in the company and the other is starting a new company, each with take existing contracts with them.
The assets and net cash and contracts will be halved between them.
Is there a simpler way to do this than a full company buy back of shares and then selling assets and goodwill to the leaving director?
Is there a tax scheme for restructuring?
Posted this the other day but I dont think I explained it properly :-)