Hi,
I have 50% share in a UK limited company.
My business partner who has the other 50% what to sell up and retire.
We have talked about me buying his share, but I do not have the cash to do this.
So, he has agreed I could pay him monthly over 3 year out of the company profits, slowly owning more of the company.
How is the best TAX way of doing this?
Thanks
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