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How Employee Ownership Trusts build resilience into your business?
27 April 2021. With many privately owned businesses looking to build resilience post Covid-19, the subject of Employee Ownership Trusts (EOTs) has become a regular point of discussion over the last 12 months.
Employee ownership can do much to enhance productivity and create greater engagement with your staff. For the owner of a trading business, the tax barriers to converting to employee ownership are avoided by allowing you to sell the business tax-free to an EOT, subject to meeting certain requirements.
The webinar covered practical and commercial considerations of EOTs:
- How an EOT can build business resilience
- A case study on the benefits of an EOT
- Tax implications of implementation
- How EOTs can impact succession planning to preserve value in your business
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