Employee Ownership Trusts (EOTs) London
Expert Employee Ownership Trust (EOT) services. EOT setup, implementation, and ongoing support for businesses transitioning to employee ownership. We help businesses achieve tax-efficient exits through employee ownership. Contact our EOT team today.
Employee Ownership Trusts (EOTs) Services
Expert Employee Ownership Trust (EOT) services. EOT setup, implementation, and ongoing support for businesses transitioning to employee ownership. Employee Ownership Trusts provide a tax-efficient way for business owners to exit their businesses while transferring ownership to employees. We help businesses achieve tax-efficient exits through employee ownership, with capital gains tax relief and income tax benefits for employees.
What is an Employee Ownership Trust (EOT)?
An Employee Ownership Trust (EOT) is a trust structure that holds shares in a company on behalf of employees:
- Tax-Efficient Exit: Capital gains tax relief for business owners selling to an EOT
- Employee Benefits: Income tax-free bonuses for employees (up to £3,600 per year)
- Business Continuity: Preserves business continuity and culture
- Employee Engagement: Enhances employee engagement and motivation
EOT Services
- EOT Setup: Complete setup of Employee Ownership Trust structure
- EOT Implementation: Implementation of EOT structure and share transfer
- EOT Compliance: Ongoing compliance with EOT requirements
- EOT Tax Planning: Tax planning to maximise EOT tax benefits
- EOT Advisory: Ongoing advisory support for EOT companies
- EOT Reporting: EOT reporting and compliance support
EOT Tax Benefits
EOTs provide significant tax benefits:
- Capital Gains Tax Relief: 100% capital gains tax relief for business owners selling to an EOT
- Income Tax-Free Bonuses: Income tax-free bonuses for employees (up to £3,600 per year)
- Inheritance Tax Benefits: Potential inheritance tax benefits
- Corporation Tax Deduction: Corporation tax deduction for EOT bonus payments
EOT Requirements
EOTs must meet certain requirements:
- Controlling Interest: EOT must hold a controlling interest (51%+) in the company
- All Employee Benefit: All employees must benefit from the EOT
- No Individual Control: No individual or small group can control the EOT
- Ongoing Compliance: Ongoing compliance with EOT requirements
Why Choose Acumon for EOT Services?
- Extensive experience in EOT setup and implementation
- Deep understanding of EOT legislation and tax benefits
- Comprehensive EOT services from setup to ongoing support
- Proactive approach to EOT tax planning and compliance
- Clear, actionable EOT advice and support
- Ongoing support and advice on EOT matters
Integration with Other Services
Our EOT services integrate seamlessly with our other services:
- Succession Planning Services - Succession planning including EOT transitions
- Selling Your Business Services - Business sale services including EOT exits
- Tax Advisory Services - Tax planning for EOT transactions
Next steps
Get in touch with our EOT team to discuss your Employee Ownership Trust requirements. Our experienced team will provide expert EOT services tailored to your business needs.