Article Tag: Employee Ownership Trust

Could an Employee Ownership Trust be Suitable for You?

If you are looking at the options available for exiting your business, an Employee Ownership Trust (EOT) may be worth considering. Previously, an individual looking to sell their shares in their company to a trust for the benefit of the employees faced a potentially significant tax charge. However, since the introduction of the EOT under… Read more »

Rowlinson Knitwear transfers business ownership to its employees

Family-owned, Stockport-based Rowlinson Knitwear has set up an Employee Ownership Trust (EOT) that has acquired a controlling interest in the company ensuring that employees have a real say in how the business is run. Employees, through an Employees Forum, will be able to influence major decision-making – from growth plans to board director appointments. An… Read more »