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…
Family investment companies (often abbreviated to “FIC”) have become a popular inheritance tax planning tool in recent years. These normally have two classes of shares often called “frozen shares” and “growth shares”. Generally a family’s older generation can look to…
Company restructures can take many different forms and will often depend on the reason for the restructure. Arrangements can include: Purchase of own shares Statutory demergers Non statutory demergers Capital reductions Establishing holding companies Management buyout special purpose vehicles, There…