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Top Accountants Halesowen | Nicklin LLP News

Entrepreneurs · United KingdomA growing number of business owners are turning to employee ownership trusts (EOTs) to sell their companies tax-free, as changes to capital gains tax (CGT) rules and rising national insurance costs prompt entrepreneurs to seek more efficient exit strategies. New figures reveal that applications to set up EOTs — the model famously used by John Lewis — jumped 40 per cent last year, from 474 in 2022/23 to 671 in 2023/24. The data, obtained by accou…See the Story
Surge in Employee Ownership as Business Owners Seek Tax-Efficient Exits – Your Capital Minds
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