An Employee Ownership Trust (“EOT”) is a trust that acquires shares in a company and holds them on behalf of the employees. It is an increasingly popular exit strategy for shareholders, which offers attractive tax incentives and peace of mind over the succession of...
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Hawsons Support Custom Made Kitchens Transition into an Employee Ownership Trust
Hawsons Corporate Finance had the pleasure of supporting Custom Made Kitchens Limited (“CMK”), a well-established manufacturer of bespoke kitchens based in Doncaster, South Yorkshire, during its transition to an Employee Ownership Trust. The exiting shareholder, Keith...
Hawsons advise Wilson Field on £4.8m sale to FRP Advisory Group
Hawsons Corporate Finance are delighted to announce that they acted as Wilson Field’s lead advisor in a £4.8m sale to FRP Advisory Group. Sheffield headquartered restructuring and debt advisory services firm Wilson Field have now been acquired by the listed, national...
How long does an EOT take to set up?
How do I set up an employee ownership trust? Below is a typical timeline of events that would be required when transitioning to employee ownership. The exact timings of each stage differ from business to business, but based on previous transactions, it is not unusual...
Caring Hands (Care Services) Limited – EOT Case Study
Deal Completed – 2023 Hawsons Corporate Finance had the pleasure of supporting Caring Hands (Care Services) Limited (“Caring Hands”), a well-established domiciliary care business, with their transition to Employee Ownership. Based in Alfreton, Derbyshire, the company...
Is an EOT an EBT? Understanding the differences
What is an Employee Benefit Trust (EBT)? An EBT is a discretionary trust established by the employer, which, for example, could hold shares in the company for the benefit of a certain group of employees, former employees, and some relatives and dependants – known as...
Eligibility criteria for employee ownership trusts (EOT)
Why has the qualifying criteria been put in place? The economic contribution of employee-owned businesses in the UK is significant and growing. Greater productivity and higher levels of innovation whilst being more resilient to economic turbulence are some of the...
EOTs (Employee Ownership Trusts) Tax Free Bonuses
EOTs and Tax-Free Bonuses In this article, we discuss the tax-free bonuses that employees could benefit from in an employee-owned company. Under a qualifying EOT structure, as indirect owners, the employees are eligible to receive a share of the profits of the...
Employee Ownership Trust (EOT) Benefits for Employees
In this article, we are going to discuss the benefits to employees of a company owned by an EOT, compared to a more traditional limited company or partnership. What does being in an EOT mean for an employee? Employees of a trading company (or group) owned by an EOT do...
EOT Tax Benefits
An Employee Ownership Trust (“EOT”) is a trust that acquires shares in a company and holds them on behalf of the employees. It is an increasingly popular exit strategy for shareholders, which offers attractive tax incentives and peace of mind over the succession of...
Hawsons Support Custom Made Kitchens Transition into an Employee Ownership Trust
Hawsons Corporate Finance had the pleasure of supporting Custom Made Kitchens Limited (“CMK”), a well-established manufacturer of bespoke kitchens based in Doncaster, South Yorkshire, during its transition to an Employee Ownership Trust. The exiting shareholder, Keith...
Hawsons advise Wilson Field on £4.8m sale to FRP Advisory Group
Hawsons Corporate Finance are delighted to announce that they acted as Wilson Field’s lead advisor in a £4.8m sale to FRP Advisory Group. Sheffield headquartered restructuring and debt advisory services firm Wilson Field have now been acquired by the listed, national...