Скачать или смотреть Employee Ownership Trusts Explained: Benefits, Tax Relief & How to Sell Your Business

In this conversation, Gary Venner, CEO of IFA Acquisitions and Andrew Bretherton, Partner at Keystone Law, discuss Employee Ownership Trusts (EOTs), exploring their benefits, challenges, and the essential role of trustees. They delve into the tax advantages for sellers, the importance of professional guidance, and the conditions necessary for establishing an EOT. The discussion highlights the suitability of EOTs for certain types of businesses and emphasises the need for careful planning and understanding of the seller's goals.

Takeaways:
EOTs provide 100% CGT relief for selling shareholders.
Selling to an EOT can simplify the sales process.
Trustees are crucial for managing EOTs effectively.
EOTs must be established and operated in the UK.
Sales to EOTs can incentivise employees and improve performance.
Professional advisors are essential for EOT transactions.
EOTs work best for businesses where employees are key assets.
Understanding the seller's goals is vital for EOT success.
EOTs can help preserve company culture during transitions.
The future of EOTs may be influenced by tax changes.

Chapters:
00:06 - Introduction
00:53 - Understanding Employee Ownership Trusts (EOTs)
04:44 - Pros and Cons of EOTs
10:20 - The Role of Trustees in EOTs
16:36 - Qualifying Conditions for EOTs
19:41 - When EOTs Work Best

Contact info:

Andrew Bretherton | 020 3319 3700 | [email protected]

IFA Acquisitions | 0208 0044 162 | [email protected]