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Selling a business to an Employee Ownership Trust - Inverness

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An Lòchran

10 Inverness Campus

Inverness

IV2 5NB

United Kingdom

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The Law Society of Scotland, Institute of Chartered Accountants Scotland and Co-operative Development Scotland will be hosting a roadshow across the country in May and June 2019 entitled ‘Selling a business to an Employee Ownership Trust’.

Join us at our Inverness event on 28 May to find out more and discover how a sale to an Employee Ownership Trust could benefit your clients.

There has never been a better time for companies to move to an employee ownership structure. Since September 2014, shareholders have been able to sell a controlling interest in their company to an Employee Ownership Trust (EOT) for full market value without incurring any capital gains tax liabilities.

The EOT creates an immediate purchaser for a trading company of any size operating in any sector. The EOT will then hold those shares in the company for and behalf of the company’s employees. There are substantial non-tax benefits associated with being owned by an EOT. One of the most important, is the fact that employees have a stake in their company and the greater employee engagement and commitment that results from this. In addition, companies can make tax-free payments to their employees.

Timings:

12.30pm - Registration & lunch
13.00pm - Welcome and background
13.10pm - Craig McKerracher, Harper Macleod
13.35pm - Dennis Overton and Rachel Hannah, Aquascot
14.00pm - Q&A
14.30pm - Close

Attend this workshop to find out more and discover how a sale to an Employee Ownership Trust could benefit your clients.


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Date and Time

Location

An Lòchran

10 Inverness Campus

Inverness

IV2 5NB

United Kingdom

View Map

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