Employment Ownership Trusts (EOT)

The benefits of such an arrangement are:

• Owners can realise the value of their investment in an extremely tax efficient manner - Nil Capital Gains Tax payable.
• The company’s employees effectively become the owners.
• The management team can take on responsibility for the management of the business.
• Bonus payments to employees tax free up to £3,600 per annum

Leigh Christou can assist throughout the transaction from the initial planning stage, to include:

• Preparing the valuation and obtaining HMRC approval.
• Instructing specialist Solicitors on your behalf.
• Assisting with the drafting and agreeing the share purchase agreement.
• Assisting with the structure of the deal.
• Providing presentation to the management and employees explaining the process to them.
• Advising on all tax aspects of the transaction.

If you wish to discuss the sale of your company to an EOT, please use our contact information to arrange a free, no obligation initial meeting.