Employee ownership has seen real growth in recent years driven by a resurgence of values-led entrepreneurs. It also received a boost with the introduction of the 2014 finance act, which removed the disincentive for owners to sell their businesses into the ‘trust’ of their employees, and recent converts have included Riverford Organics, Aardman Animation, Richer Sounds.
Ben Watson, head of Tax and Incentives at TLT, recently took part in a panel discussion all about employee ownership as part of Stir to Action's online festival.
The panel was chaired by Jeremy Gadd of J Gadd Associates. Simon Crichton, Triodos’s acting head of business banking, joined the conversation alongside Deb Oxley, chief executive of the Employee Ownership Association (EOA) and David Sproxton, co-founder of Aardman Animations.
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We advise businesses on implementing all types of short term and long term incentive arrangements, salary sacrifice and exchange programs. We have an in-depth knowledge of employee tax, which allows us to ensure that the arrangements implemented are fit for purpose.Read more
We advise businesses on all aspects of moving to direct and indirect employee ownership, both at the planning stage and in implementation.Read more