Webinar: Employee Ownership Trusts: Efficient exits on an owner’s terms

Selling a business is perhaps the most critical moment in an owner’s life with their company. The process of finding a buyer and agreeing a price can be drawn out, stressful – and with forthcoming changes to Capital Gains Tax (CGT) – may involve writing a substantial cheque to HMRC. For many owners, there may be another way, by utilising a HMRC-approved Employee Ownership Trust (EOT) to sell their business.

Related briefings

HMRC preferential status: The impact on directors

By Maxine Reid-Roberts On 1 December 2020, HMRC’s preferential creditor status is due to be reinstated. This means that for any insolvency which commences on or after 1 December 2020, certain HMRC liabilities will rank ahead of a floating charge and unsecured creditors. Preferential HMRC liabilities relate to any deductions made from employees, customers, etc […]

Webinar: Employee Ownership Trusts: Efficient exits on an owner’s terms

By Ian Barton, Adrian Howells Selling a business is perhaps the most critical moment in an owner’s life with their company. The process of finding a buyer and agreeing a price can be drawn out, stressful – and with forthcoming changes to Capital Gains Tax (CGT) – may involve writing a substantial cheque to HMRC. For many […]

Key dates for your calendar and mitigating future risks

Forecasting and planning have never been more difficult. With so much uncertainty caused by COVID-19 businesses are struggling to lay down a roadmap for how to deal with an ever-changing environment and economy.

Latest Briefings

Why it is essential to design inclusive virtual workplaces

By Catherine Bardwell, Valeria Cardillo Piccolino Diversity and inclusion in the virtual workplace In recent years diversity and inclusion has become a mainstream topic for HR and large organisations. But regardless of how much advocates of diversity and inclusion (D&I) connect with the values, their efforts to bring change are often met with scepticism. The […]

A new Acritas report shows how COVID-19 has changed the future of legal work

By Acritas Due to COVID-19, the ensuing lockdowns and economic crisis have given many people a chance to reflect on their lives. Further, the dramatic switch to remote working for many professionals, including lawyers, has given additional pause, and many lawyers are now showing desire to keep the most positive aspects of the new remote […]

Company law reform – Changes planned to improve corporate transparency

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson, Oliver Duke Towards the end of September 2020, the Department for Business, Energy and Industrial Strategy (BEIS) published its findings in relation to the consultation on corporate transparency and Companies House reform which it launched in May 2019. The response document contains an overview […]

Is now a good time to modernise AGMs?

By John Hamer, Debbie Jackson, Richard Naish, Daniel O’Gorman, Jo Stephenson, Oliver Duke The COVID-19 pandemic has challenged UK quoted companies to change their approach to holding physical annual general meetings (AGMs). At a time when social distancing rules mean that the traditional approach to an AGM is no longer permitted, many companies have been […]

Recommended

Find legal roles

Make your next move with The Lawyer Careers. Search and apply for thousands of vacancies, or receive email alerts for new roles when they go live. Whether you're looking at private practice, in-house legal or an exciting business support role, you'll find your future here.

Search vacancies