The Employee Ownership Association has published Pett Franklin’s “Top Tips for Tax and Accounting in a move to Employee Ownership”.
Our top tips include considering the tax implications, assessing the value of the business and how the purchase will be funded, preparing your business for sale to your employees, considering the long-term implications of employee ownership and ensuring that employees’ interests are safeguarded.
Published by the EOA on July 2016.
The Employee Ownership Association or EOA represents organisations that are employee owned or transitioning to employee ownership across the UK.
Our top tips include considering the tax implications, assessing the value of the business and how the purchase will be funded, preparing your business for sale to your employees, considering the long-term implications of employee ownership and ensuring that employees’ interests are safeguarded.