Project:
Our client wanted to sell their business but were struggling to find a buyer.
We stepped in and discussed other options that were available to them, specifically the option of using an Employee Ownership Trust (EOT). The sale to the EOT provided the exiting business owner with a tax free lump sum on the date of sale as well as agreed monthly tax free payments for the next 5 years.
Outcome:
The business owner was able to exit the business in a tax efficient manner whilst remaining in post to hand over to the “next generation” in their existing team. We were able to value the business as part of the transaction and we worked closely with the legal advisers to ensure a smooth transition.






