29 August 2025
Visit Pembrokeshire’s strategic partners JCP Solicitors & LHP Accountants join forces to bring you an informative event that will demystify the process of setting up a company as an EOT.
Succession planning is a vital part of providing an exit strategy for business owners, ensuring that a company has a strong continuation strategy in place once the founder or current owner decides to step back.
With recent changes to Inheritance Tax announced, an increasingly sought-after succession plan is to set up the business as an Employee-Owned Trust (EOT).
Introduced in the Finance Act of 2014, an EOT places the business into the ownership of its employees – managed by its Trustees. Employees do not manage the company, as this remains the role of company managers. Instead, an EOT allows the company’s controlling interests to be held by employees who become beneficiaries of a trust.
Setting up an EOT can prove a valuable option for company owners, as the shareholder is exempt from paying Capital Gains Tax if selling a business to an EOT as long as conditions are met.
On Tuesday, 30th September, join JCP Solicitors, LHP Accountants and Cwmpas to hear more about setting up your business as an EOT.
When: Tues 30th September, 8am – 11:30am. There will be three 20 minute sessions, followed by Q&A and networking.
Where: Canolfan S4C Yr Egin, Carmarthen, SA31 3EQ
The talk will welcome experts from JCP Solicitors, LHP Accountants and Cwmpas.
Speakers will highlight the benefits of EOTs, demystify the process of setting a company up as an EOT, and outline how professionals – including accountants and solicitors – can support clients through a successful transition to employee ownership.
This free event is open to any businesses looking at succession, or advisors supporting clients, or if you are simply curious about the model. To book your place, please email events@jcpsolicitors.co.uk
JCP Solictors
With offices in Carmarthen and Haverfordwest, JCP Solicitors’ Corporate and Commercial team supports businesses of all sizes. The team works closely with LHP Accountants across their offices in Carmarthen, Haverfordwest and Tenby - who provide expert accounting services for businesses seeking exit strategies, succession planning, financial planning and more.
