Ben Watson

Head of Employee Incentives, TLT

Ben is Head of Employee Incentives at TLT.

He specialises in all aspects of employee incentives and employee ownership and is an expert on all associated legal and tax matters.

Ben has been advising companies and management on share scheme matters for more than twenty years. He has implemented arrangements for all types of companies, from start up to FTSE 100 and has led the advice on some of the UK’s largest and most recognised share plan and employee ownership matters. He has a wide understanding of the market and of the associated corporate governance issues.

He is independently recognised as a leading individual nationally for employee share scheme matters and is ranked in Band 1 UK-wide for employee ownership matters, with clients describing him as “an expert in his field” and “very patient in explaining the legal jargon”.

Contributed to

2

Pitfalls of setting up and operating an employee ownership trust

Practice Notes

This Practice Note outlines several of the pitfalls present, and errors or misunderstandings that may be made, when setting up or operating an employee ownership trust (EOT). It sets out the factors to be aware of and steps to be undertaken in order to prevent these issues from causing delays to the implementation of an EOT or the failure of the EOT structure and its associated tax reliefs.

Share Incentives

Sale of a business to an employee ownership trust

Practice Notes

This Practice Note examines the use of employee ownership trusts (EOTs). This Practice Note specifically examines the issues and considerations surrounding the sale of a company to an EOT including examining the documentation required, potential tax issues and the sale process as a whole. This Practice Note is written in conjunction with Karen Cooper of Cooper Cavendish, and Ben Watson and Douglas Roberts of TLT.

Share Incentives