Selling a client’s business to an employee ownership trust

Objectives

If a trading company is sold to an EOT, the sale should be free of capital gains tax. This course will explain the basics of selling to an EOT and achieving a CGT-free sale for your clients. This will allow you to explain both the tax relief and the practical issues to your clients so they can consider this option as part of their succession planning.

Key topics

• Why consider an EOT
• How the relief works and who it is intended for
• The relief requirements and what can go wrong!
• Implementation and ongoing requirements
• Remunerating and retaining employees
• Selling from an EOT

Who should attend?

This session is aimed at all advisors of owner-managed businesses who assist clients with succession planning.