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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...

Autumn Budget Summary 2025
Autumn Budget Summary 2025

sac@hawsons.co.uk aaronhemmington@hawsons.co.uk Autumn Budget 2025 SummaryChancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of...

Ben Peacock joins Hawsons Wealth Management
Ben Peacock joins Hawsons Wealth Management

ss@hawsons.co.ukHawsons Wealth Management welcomes Chartered Financial Planner Ben Peacock to the team We are pleased to announce that Ben Peacock has joined Hawsons Wealth Management as a Financial Adviser. Ben brings with him more than seven years of experience from...

Amendments to FRS 102 from January 2026
Amendments to FRS 102 from January 2026

cmb@hawsons.co.uk For periods commencing on or after 1 January 2026, FRS 102, the accounting standard used by most unlisted companies in the UK, is being significantly updated.  Early adoption is permitted, although we have seen very few examples of this. The two...

Christmas parties and staff gifts – a tax guide
Christmas parties and staff gifts – a tax guide

With the festive period now approaching, we are often asked by employers about the tax treatment of providing a staff Christmas party or giving Christmas gifts to employees. Here is a quick reminder of the rules for the tax year 2025/26.STAFF PARTIES What Christmas...

Inheritance Tax Pension Changes: How to prepare for 6 April 2027?
Inheritance Tax Pension Changes: How to prepare for 6 April 2027?

The government has announced a significant shift in the inheritance tax on pensions, with new rules set to take effect from 6 April 2027. These changes will alter the inheritance tax treatment of pension savings and could have a notable impact on estate and financial...