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Employee Ownership Trusts

Monday, 20th February 2023

Provided by Lee Dinsdale – Logros Advisory Partners

In this article, Rachel  Ferguson of OakNorth Bank discusses why we see more EOTS. With some business owners not wanting to let go of their business, unable to find a trade buyer or family members who don’t want to take it on, Employee Ownership Trusts are on the rise. Owners are incentivised with capital gains tax benefits, and there are income tax benefits for employees, making it an attractive option from a tax perspective.

Read more here

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