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Employee trusts may deliver tax benefits to employers and employees when share incentive plans are introduced into the company. An employee benefit trust is often used alongside a share incentive plan or on its own, to assist long term stable ownership of a company, or for business succession purposes.
Private clients need to consider how transfer of ownership of a business to an employee trust affects their tax and financial position.
Managers of companies need to consider the effect of an employee trust on human relations.
Working with the grain of the company is often key to successful employee trusts and employee ownership.
Click here for details of the Employee Ownership Association's 2010 Conference.