We often advise individual shareholders on how to structure their retirement from a company in a tax efficient manner.
One recent case involved an old family company where the shareholders were to undergo a "change of the guard" with the retiring shareholders being bought out. For the retiring shareholders we organised a formal company redemption of shares which resulted in a tax rate of less than 33% for the retiring shareholders with the buyout funded by the company rather than by the other shareholders. This was all agreed in advance with the Revenue.