Employee ownership trusts

20 July 2022 / Insight posted in Brochures

Shareholders of trading companies, who wish to share ownership of their companies with their employees, can sell some or all of their shares to employee ownership trusts (EOTs) without incurring a capital gains tax (CGT) liability.

Several conditions must be met by the company and the transferor shareholders in order to qualify for the capital gains tax relief. There are many potential advantages of EOTs for shareholders, companies and employees.

In the attached flyer we explain how you, your employees and your business may benefit from EOTs and how we at Moore Kingston Smith can help you.