Both parties benefit from an Employee Ownership Trust – although CGT changes create potential ‘fly in the ointment’

Following Xeinadin supporting the transition of historic Greater Manchester construction firm Emmanuel Whittaker to an employee ownership trust (EOT), Insider spoke to our Corporate Finance Director Steven Lindsay, who shared his expertise in EOTs.

Steven expects a steady and large volume of EOT deals to continue and highlights benefits for both sides of the transactions.

He also discusses the changes to the way capital gains tax (CGT) is handled, which currently prompts questions due to the timing of CGT payments.

Read Stephen’s full piece: here

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