Introduced by the Government in 2014 to expand employee share participation, Employee Ownership Trusts (often referred to EOT’s) have become one of the most popular options for owners to secure a tax efficient exit from their business. Properly structured, the…
EIS and SEIS provide generous tax reliefs for investors including income tax relief for the initial investment (30 percent for EIS investments and 50 percent for SEIS investments) and capital gains tax free disposals of the investment. These tax reliefs…
The Enterprise Management Incentive scheme is a share option scheme which is approved by HM Revenue and Customs and enables share options to be granted to employees at the company’s discretion. Each employee who participates in the EMI scheme must…
Patent Box is a valuable tax incentive which is intended to increase innovation by encouraging companies to turn their research and development into commercial products. It achieves this by applying a reduced corporation tax rate of 10 per cent to…
Research and development (R&D) tax relief is a corporation tax relief that is available to companies who undertake research and development work on projects seeking to achieve an advance in overall knowledge or capability in a field of science or…
Valuing shares in a private limited company is a very subjective exercise and there are a number of different methods that may be applied. In many cases, it is most appropriate to adopt a valuation based on the earning ability…