Practice Manager and Employee Trustee, Lorna Martin reflects on her experience at the eoa’s annual conference. From thought-provoking sessions on culture, AI, and succession planning to powerful success stories and engaging networking events, the conference provided valuable insights into the growing impact of employee ownership….
This blog explores the practical and technical hurdles business owners must navigate, both before and after becoming employee-owned. From the exercise of existing options and tax implications to ensuring EMI eligibility and structuring post-EOT incentives, careful planning is crucial….
04/12/2024
Chancellor Rachel Reeves set out her first Budget on Wednesday 30th October. There was some speculation that the beneficial tax treatment of Employee Ownership Trusts (EOTs) could be reduced in the backwash of a general increase in Capital Gains Tax (CGT) rates. Although the 0% CGT rate for disposals to EOTs remains unchanged, there are a number of significant changes taking effect for EOT disposals on or after Budget day…..
30/10/2024
Is Employee Ownership a growing trend in Law firms? We certainly think it is. In this article, written for the Solicitors Journal publication, Robert Postlethwaite presents the benefits for firms and shares his experience of his journey to employee ownership….
08/10/2024
If you’re thinking of becoming employee owned through an EOT, you may want to complete the sale before 30 October to be sure of the current 0% CGT exemption.
With 30 October now the confirmed date for the new Chancellor, Rachel Reeves’ first budget, could there be tax changes that might impact employee ownership trusts (EOTs) and tax-advantaged personal share schemes? Founder and Manging Director, Robert Postlethwaite discusses the various possible scenarios and the implications for employee ownership.
05/08/2024
Robert Postlethwaite, Founder and MD of Postlethwaite Solicitors, looks at whether any of the major political parties have manifesto plans to encourage more employee ownership and whether there is any possibility of changes to the tax incentives….
23/06/2024
Join us, along with our client Symmetrys Structural and Civil Engineering and the EOA for this webinar where you’ll learn the practical steps to the process of becoming employee owned and all the things you should think about…
Marking our 1 year anniversary of being EO, this month we offer a different EO perspective and speak with our employee trustees, Lorna Martin and Alison Stevens and to find out how they’ve felt this last year has gone and discuss the highs and lows they’ve experienced in their new roles…..
08/05/2024
The Chancellor’s Spring Budget contains further reductions to National Insurance but still no update on EOTs…
06/03/2024
A fair valuation is the cornerstone of a successful Employee Ownership Trust transaction. It ensures that the business owner receives fair compensation for their shares, while also safeguarding the interests of the employees who will receive value in the future. Read this guest blog from trusted partner Simmons Gainsford Accountants….
24/01/2024
