What is an EOT?
An Employee Ownership Trust (EOT) is an exit route that allows business owners to sell their company while preserving its independence and culture.
The founder sells their shares to the trust, which repays them over time from profits. Staff benefit from any excess profits, the company stays independent, and the founder receives fair market value.
Plus, half the sale proceeds benefit from Capital Gains Tax relief (subject to meeting criteria). Stamp duty is payable at 0.5% of the sale price.
What we do
We work in partnership with business advisers, IFAs, accountants and other professionals and manage the technical side of the EOT sale process sale. Offering a straightforward, smooth and speedy service, we have the capability to cover all parts of the sale process, including:
- The valuation and payment plan structure
- Tax clearance and HMRC liaison
- All sales and legal documents
- Trust creation and trustee registration
- Companies House administration
Our happy clients
Go EO have completed dozens of EOT sales, including:
- (Lots of) marketing agencies – like Coda Communications, The Film Farmers, and A Thousand Monkeys
- Funeral directors – like Kingfisher Independent Funeral Services
- Care providers – like Everycare (Central Hants)
- Finance providers – like Plus Finance
- Retailers – like Klimek Jewellers
