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The benefits and drawbacks of demergers - GrowthBusiness guide

The benefits and drawbacks of demergers - GrowthBusiness guide
growthbusiness.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from growthbusiness.co.uk Daily Mail and Mail on Sunday newspapers.

Poole consultancy firm Rubicon becomes employee-owned

Rubicon Recruitment Group, based in Poole, has changed its name to Rubicon People Partnership. Its 30 employees now own 100% of the business through an Employee Ownership Trust. “Our business has always prioritised positivity, consistently doing the right thing, integrity, fairness and openness. Employee ownership is a natural progression for us.” explains Lloyd Banks, founder of Rubicon. “Many of my colleagues have worked with me for a long time, and the continuing success of the business, especially during such turbulent times, is a result of an extraordinary team effort. Employee ownership rewards that effort whilst ensuring that future successes are reimbursed, and it safeguards the extraordinary culture that drives our business.”

Architectural practice transfers ownership to employees

Architectural practice transfers ownership to employees
thenorthernecho.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenorthernecho.co.uk Daily Mail and Mail on Sunday newspapers.

CG67800 - Capital Gains Manual - HMRC internal manual

CG67800 - Reliefs: employee-ownership trusts: introduction You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals. This guidance outlines the relief that is available when shares are transferred into an Employee-ownership Trust (an EOT). The relief is available for disposals made on or after 6 April 2014 that meet the relevant requirements, but the detailed rules are modified in certain respects, see CG67880, for disposals made before 26 June 2014.  Guidance about the employment income aspects of EOTs can be found at EIM03050. For guidance on EOTs and inheritance tax, see

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