EBT/EOT—basic principles and set-up

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Practice notes
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Practice notes
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Practice notes
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Practice notes
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Most recent EBT/EOT—basic principles and set-up content

Practice notes
STOP PRESS: On 15 March 2021, HMRC announced that the original deadline of 10 March 2022 for registering trusts with the Trust Registration Service...
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Produced in partnership with Gemma Davies of BDO 16th Apr
Practice notes
FORTHCOMING CHANGE: The EU Fifth Anti-Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force...
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16th Apr
Practice notes
STOP PRESS: On 15 March 2021, HMRC announced that the original deadline of 10 March 2022 for registering trusts with the Trust Registration Service...
Read More >
16th Apr
Practice notes
FORTHCOMING CHANGE: The EU Fifth Anti-Money Laundering Directive (5MLD) was published in the EU official journal on 19 June 2018 and came into force...
Read More >
16th Apr
Practice notes
Overview of the practical issuesShareholders considering transferring the ownership of their company into an employee-ownership trust (EOT) will need...
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12th Apr
Practice notes
Relevance of the takeover code to share acquisitions by an EBTIt may be necessary to consult the Takeover Panel (Panel) in certain circumstances if...
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Produced in partnership with Jeremy Glover of Fenwick Elliott 9th Apr
Practice notes
What is an employee ownership trustAn employee ownership trust (EOT) is a particular type of employee benefit trust (EBT) that meets certain statutory...
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Produced in partnership with Karen Cooper and Jeremy Cavendish of Cooper Cavendish 9th Apr
Practice notes
The EBT as a trustAn employee benefit trust (EBT) is a form of trust. A trust refers to the legal relationship created by a person, the settlor, when...
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Produced in partnership with Jeremy Glover of Fenwick Elliott 9th Apr
Practice notes
Private companies that implement share option schemes will often make use of 'exit-only' options, meaning that share options can only be exercised by...
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Produced in partnership with Sarah Anderson of RM2 Partnership 9th Apr
Practice notes
This Practice Note covers the following issues in relation to the funding of an employee benefit trust (EBT):•practical aspects of funding an...
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9th Apr
Practice notes
Employee benefit trusts (EBTs) are a type of discretionary trust which are primarily established to enable companies to provide shares, cash or other...
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Produced in partnership with Karen Cooper of Cooper Cavendish 9th Apr
Practice notes
This Practice Note covers the application of the Investment Association (IA) remuneration principles to employee benefit trusts (EBTs). The principles...
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Produced in partnership with Jeremy Glover of Fenwick Elliott 9th Apr
Q&As
By virtue of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017), SI 2017/692 any...
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30th Mar
Practice notes
What is an employee ownership trust?An employee ownership trust (EOT) is a particular type of employee benefit trust (EBT) that meets certain...
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Produced in partnership with Stephen Woodhouse 30th Mar
Practice notes
Why establish an EBT?The first question to consider is whether an employee benefit trust (EBT) is required or appropriate for the company.There are a...
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Produced in partnership with Jeremy Glover of Fenwick Elliott 30th Mar
Precedents
[insert name of Company]Company No [insert registered number of Company](the Company)Minutes of a Meeting of the Board of Directors of the Company...
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Produced in partnership with Jeremy Glover of Reed Smith 29th Mar
Precedents
[insert name of Company]Company No[ insert registered number of Company](the Company)Minutes of a meeting of the Board of Directors of the Company...
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Produced in partnership with Jeremy Glover of Reed Smith 29th Mar
Q&As
Notwithstanding the tax position taken by HMRC, as a matter of company law the payment of a contribution by an employee-ownership trust (EOT)-owned...
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26th Mar
Q&As
Despite there being no express terms of variation in the employee benefit trust (EBT) deed, it should be noted that amendments can often be effected...
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2nd Mar
Precedents
This DEED is made on [insert date on which this deed is executed by all parties]Parties1[Insert name of Company] whose registered office is at [insert...
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Produced in partnership with Jeremy Glover of Reed Smith 24th Feb

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