Employee ownership can be a highly effective business model. Employee ownership trusts (EOTs) offer a tax-efficient way for company shareholders or founders to transfer ownership to their employees whilst still being paid for their shares at market value. Whether your objective is to engage and empower your employees or to secure your legacy as part of a succession plan, employee ownership could be an excellent option for you. In this guide, we will explain what an EOT is, how to set one up, and how they work.   What is an EOT? An EOT or employee ownership trust is a type of trust that enables employees to take ownership of their company. First introduced by the UK Government in 2014 as part of an initiative to encourage employee ownership, EOTs offer significant benefits for shareholders, employees and businesses. Benefits for shareholders: … Continue reading →