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Richer Sounds transitions to employee ownership
Fiona Bell

16 May 2019

Leading hi-fi and TV retail specialists Richer Sounds has transitioned the company to employee ownership. Leading audit, tax and consulting firm RSM advised the company on the complex legal and tax implications involved in the process.

Employee Ownership – the ownership model of the future?
James Wild

14 November 2018

When exploring options for a sale, typically business owners are aware of the trade sale, private equity sale or IPO routes. In this article, James Wild explores the lesser known route, employee ownership, and the benefits this can bring to a business.

Don’t forget – annual share plan return filing deadline on 6 July

20 April 2018

The deadline for employers to file their annual 'employment-related securities' (ERS) returns for the 2017/18 tax year is fast approaching. Read more to find out if you have properly registered you share schemes and ERS events.

Simplification of employee share scheme rules needed to boost employee engagement

04 July 2017

The latest statistics on the take-up of employee share schemes suggests that the number of tax-advantaged plans has dropped since 2014. Why is this and does it reflect a longer-term decline in the popularity of employee ownership?

Employee ownership is alive and well but further HMRC cuts could inhibit growth

07 June 2016

Recent reports in the national press suggesting that the Government is withdrawing its support from the ‘John Lewis’ model of employee ownership are vastly overstated, but further cuts to the services offered by HMRC to such businesses could inhibit further growth in the sector.

Employers need to face up to Apprenticeship Levy obligations - and opportunities

25 May 2016

Since the Apprenticeship Levy was first announced in the Summer Budget of 2015, a number of trade bodies including the CBI and the EEF have called for a re-think. But with no sign of a Government U-turn, businesses must now plan ahead.

Passing your company into safe hands

12 May 2016

Ready to retire but not sure how to find a purchaser to look after what you have built up? Have a look at employee ownership.

Client legal services

01 April 2016

Our legal team advise on employment, private client, LLP structures and corporate matters.

HMRC ceasing its post transaction valuation check
Fiona Bell

22 February 2016

Any private equity investors who rely on HMRC’s PTVC service need to be aware of this significant development when putting their management incentive structures in place.

Are growth shares the solution?

17 February 2016

Do you want to motivate or reward staff with ‘sweat equity’ or some ‘skin in the game’, but don’t qualify? Or limits on potential rewards are too low for a statutory share plan?

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