An Employee Ownership Trust (EOT) is a special type of trust structure that allows a company to be owned collectively by its employees via, the EOT, rather than external shareholders or a few individuals. It's a model that has become increasingly popular, especially in the UK, as a way to promote long term stability, employee engagement, and business succession planning

Significantly, it is a mechanism that allows for existing shareholders to dispose of their shares to an EOT in a planned way, whist also benefitting from 50% Capital Gains Tax Relief.

At MDC, we guide you through the sale process. We will organise the funding, if necessary, the valuation and ensure that both the seller and EOT receive the correct and legitimate tax advice