Craig Simpson, Tax Partner at Bates Weston, considers the implications of using deferred consideration to pay outgoing shareholders when an Employee Ownership Trust (EOT) is created.
Employee Ownership Trust
EOT Share Valuation
The tax costs of overvaluation are significant should HMRC consider the transaction overvalued. Getting an independent valuation early in the EOT thought process is important.
Disqualifying an EOT
Craig Simpson, Tax Partner at Bates Weston looks at the events which can disqualify an EOT and at who becomes responsible for the tax payable.
Employee Ownership Trusts
Craig Simpson, Tax Partner at Bates Weston looks at the growing trend towards employee Ownership and the Employee Ownership Trust in particular.
Options for Selling Your Company
What are your options when selling your company? Discuss Trade Sale, Management Buyout, Family Buyout or an Employee Ownership Trust as possible exit routes with your tax advisor as early as you can.
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