In this guide, we will aim to explain the rationale behind the increasing popularity of EOTs and answer some of the key questions that a recruitment business owner may have about EOTs, such as:
- Why choose employee ownership?
- How does an EOT work?
- What are the tax benefits (and implications)?
- How are EOTs implemented?
- What is the role of the Trust and Board?
- What’s an EMI scheme and why are they often used in conjunction with an EOT?
Of course, there’s only so much we can answer in a generic guide, so professional advice should be sought that is tailored to your situation.
If you would like to discuss EOTs further or have any queries please do get in touch.
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