Employee Ownership Trust (EOT) : Important Changes But Still 0% CGT

Employee Ownership Trusts (EOT) : Important Changes but still at 0% CGT – Article

Business Sale, Employee Ownership, Sale Preparation, Strategy

4 minutes read Many business owners are now turning to Employee Ownership Trusts (EOTs) as a more attractive exit strategy. Since their introduction in 2014, EOTs have offered appealing tax benefits, including a 0% capital gains tax for owners transferring a controlling stake. This advantage is even more pronounced following yesterday’s budget, which raised Capital Gains…

Budget 24

Autumn Budget Under Pressure- Article

Business Sale, Employee Ownership, Sale Preparation, Strategy

4 minutes read With the new budget just released, clients are understandably already questioning its impact. Unfortunately, for many, the response is probably one of disappointment or even frustration as overall there is a £40bn hike in taxes, with a significant proportion of funding falling on the shoulders of businesses. Key Budget changes affecting business owners …