Latest News

The UK 60% Tax Trap: What High Earners Need to Know
The UK 60% Tax Trap: What High Earners Need to Know

bjp@hawsons.co.ukOn paper, reaching a six-figure salary should feel like a milestone. Yet the moment your income moves above £100,000; you can find yourself caught in the '60% income tax trap'. It is a threshold that quietly reduces your take home pay, affecting...

Autumn Budget: Changes to EOT Tax Relief
Autumn Budget: Changes to EOT Tax Relief

pjw@hawsons.co.uk On 26th November 2025, Chancellor Rachel Reeves delivered her Autumn Budget Statement. She announced a reduction in Capital Gains Tax relief available on qualifying disposals to employee ownership trusts from 100% of the gain to 50%. This will be...

Is an EOT an EBT? Understanding the differences
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...

How long does an EOT take to set up?
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...

What is an Employee Ownership Trust (EOT)
What is an Employee Ownership Trust (EOT)

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 future of the...