If you’re just starting to think about rewarding employees in your company with shares, it can be difficult to decide what’s the best plan for you. There are a variety of plans to choose from. Some plans are tax efficient, and you can tailor many...
If you’re new to share plans, you’re probably going to be coming up against some pretty horrible jargon. Here’s a quick and dirty guide to some of the terms you’ll come across at the outset of your employee share plan journey – what they mean and...
By the time this blog lands, it seems likely that the UK will have a new government. It's natural to wonder if this will mean a big change for employee share plans and employee share ownership generally. However, whether we’ve woken up on Friday 5th...
This year sees the tenth anniversary of the introduction of the Employee Ownership Trust. A decade on, over 1,000 companies in the UK have seized the opportunity to make the jump to employee ownership using this model. To celebrate Employee Ownership Day 2024, RM2 has identified...
RM2 is excited to see the EOA’s newly launched manifesto aimed at supporting and unlocking the full potential of the UK’s employee owned sector. With over 1,650 employee owned businesses (EOBs) in the UK, employee ownership is growing fast. Increasingly, we’re seeing evidence that the model...
If you need to know the basics about about Employee Ownership Trusts (EOTs), this blog is for you! 1 What is an Employee Ownership Trust? An EOT is a type of employee benefit trust that holds shares for employees. EOTs will usually own most or all of...
For some business owners, selling all their shares to an Employee Ownership Trust (EOT) is the complete solution to their succession worries. Key benefits of selling to an EOT Sellers pay no capital gains tax if they sell a majority shareholding to an EOT. This means that...
As 2023 draws to a close, RM2 Partnership is delighted to have finished the year on a high by getting our 100th EOT client over the line! About the business Design by Structure is a creative brand agency set up to help tech businesses use their unique...
Every year the Employee Ownership Association (EOA) holds an annual conference aiming to bring together business owners who wish to celebrate or are considering employee ownership. It also includes businesses such as RM2 that specialise in helping them turn their vision into reality. This year’s...
We're always writing about why we think employee ownership is such a great move for businesses. But what do company owners say about it? As employee ownership increases in popularity and achieves wider recognition, it's easy to find support for this ownership model from high profile...
Employee Ownership Trusts (EOTs) offer a popular and flexible succession solution for private company owners. A key advantage is that sellers pay no capital gains tax if they sell to an EOT. The EOT model is becoming more widely accepted as a genuine commercial ownership...
If your company is owned by an Employee Ownership Trust, you can pay your employees an income tax-free bonus every year. You can pay up to £3,600 to each employee. Often, companies wait till the sellers' debt has been paid off before they pay bonuses. ...
Okay, maybe not those ears, but the ears of HM Treasury and HM Revenue & Customs, at least. There are currently two real chances to provide feedback to government on how employee share ownership plans are working for your business and your employees. Consultation on EOTs Employee Ownership...
The Employee Ownership Top 50, originally created in 2014 by the late Nigel Mason, is a list of the largest 50 private employee-owned companies by number of employees in the UK. RM2 is proudly continuing the research as part of Nigel’s legacy, and publishing it...
Selling your business to an Employee Ownership Trust (EOT) doesn’t necessarily mean that the commercial operation of the business will change significantly after transition. Of course, the company will still need to operate profitably, particularly if you’re still going to be paid out of post-tax...
