Qualifying Bonus Schemes for Employee Trust-Owned Companies

Companies owned by employee ownership trusts (EOTs) can make payments of "qualifying" bonuses of up to £3,600 per employee in any tax year which are free from UK income tax.

This article, authored jointly by Jennifer Martin of Fieldfisher and Paul Cantrill of Cwmpas, explores some of the key technical requirements and considerations which will be of interest to EOT-owned companies and their advisers

Read the full article.