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UK share incentives: HMRC EOT evaluation, ERS annual returns due 6 July 2025, FCA PISCES rules and sandbox applications, Convatec pay dissent, key dates

Published on: 29 May 2025

Published by a LexisNexis Share Incentives expert
Legal News
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Article summary

In this issue:

  • Employee Benefit Trusts
  • Tax treatment
  • Company law and regulatory
  • Corporate Governance
  • Dates for your diary
  • Weekly highlights from other practice areas

Employee Benefit Trusts

HMRC: Qualitative Evaluation of Employee Ownership Trusts

HMRC has released an evaluation of employee ownership trusts (EOTs), examining how far tax reliefs encourage owners to move to employee ownership. Run by Ipsos from December 2023 to February 2024, it drew on 30 in-depth interviews with trustees of EOT companies, including some former owners, covering motivations for adopting an EOT and their experiences of the transition.

The evaluation focused on three areas:

  • the influence of each of the three EOT tax reliefs, at consideration and post-transition
  • how operating an EOT shapes corporate strategy, objectives and organisational structure
  • effects on employees, notably engagement and access to work-related benefits

Key findings of the research...

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