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The Government has published a consultation on the future of employee-ownership trusts (EOTs) and employee benefit trusts (EBTs). Read on to find out the detail of what the consultation will cover…
27/07/2023
We’ve recently put together a practical guide to Employee Ownership Trusts (EOTs) for accountants. EOTs now represent 1 in 20 business sales in the UK, a 37% increase over the last year. We therefore think that all accountants with clients considering succession will want to know about them!
24/07/2023
As sponsors of this year’s EODay all about #theEOeffect on people, business and the wider economy, celebrating 20 years of EO work for our clients and becoming 100% EO ourselves in March this year, this EODay feels particularly special to us… find out more.
Of the approximately 9,500 solicitors firms in the UK, an estimated 20 are now employee-owned, in most cases through an employee ownership trust (EOT). A tiny percentage, yes, but one which I believe is set to grow over the coming years as practices grapple with multiple challenges which for many will make the traditional partnership model no longer fit for purpose.
21/06/2023
The last few months have seen many important changes in the share schemes world that impact existing and new share plans. Some of these came in this April and others will come in next year.
Here is a round up of the changes and what they may mean for you….
01/06/2023
Postlethwaite Solicitors becomes 100% Employee Owned – On their 20th anniversary the London and Leeds based boutique practice becomes employee owned through an employee ownership trust (EOT)
29/03/2023
In the Spring Budget 2023, the Chancellor announced some welcome relaxations of Enterprise Management Incentives Schemes (EMI) requirements. Read on to find out more…
15/03/2023
Towards the end of 2022 HMRC announced some important changes to its Guidance on the use of discretion in EMI share options schemes. Now we’ve had some time to digest, here we discuss what they mean to companies operating EMI schemes and what they need to do to keep on the right side of the new rules….
31/01/2023
We start 2023 facing an accumulation of challenges, but could Employee Ownership help ease some of these challenges by positively impacting employees, businesses and the economy?
12/01/2023
