Giorgio Pizzetti discusses what advisors need to know about changes to Employee Ownership Trusts in IFA Magazine
Giorgio’s article was published in IFA Magazine, 8 January 2026, and can be seen here.
Giorgio Pizzetti, Associate in our Corporate and Commercial department, explains how Labour's cuts to capital gains tax (CGT) relief will effect Employee Ownership Trusts (EOTs).
The Budget halved the capital gains tax relief on sales to EOTs from 100% to 50%. While this reduces the headline incentive, EOTs remain a strong option for succession planning. They still offer continuity, cultural stability, and significant tax advantages compared to third-party sales.
Advisers should help clients navigate the new landscape by reframing the conversation. With careful structuring and compliance, EOTs continue to provide a tax-efficient, controlled exit that aligns with founders’ legacy and financial goals.
Read the full article in IFA Magazine [external link].