Employee Ownership Trusts (EOTs) continue to grow in popularity as businesses in all sectors use them to incentivise employees by involving them in their succession planning.

EOT is a tax efficient way of transferring control of your business to your staff and, as long as fairly straightforward conditions are met, then the sale  of the shares to the trust  should be free of capital gains tax. They are not designed for a quick sale, but if your planned exit includes measures that safeguard the longer-term future of your business and its employees, then EOTs could be well worth considering.