HMRC are consulting on the tax treatment of Employee Ownership Trusts – an increasingly popular alternative to trade sale or Management Buy Out for business owners. Richard Coombs, Tax Partner at Bates Weston, considers HMRC’s proposals.
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.