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Interestingly there has been a signficant rise in the number of small business owners using Employee Ownership Trusts to exit their business (typically but not only, on retirement). Transferring ownership to a small firms employees this way is 'tax efficient' and the trust usually pays an upfront amount followed by continued payments from the profits until the transfer price is paid.

Its an interesting way of democratising business ownership! (Not socialism, but neighbouring?)

#workers
Chart: Sales to employees have soared in popularity. Number of transactions to employee ownership (over 90% of transactions are via EOTs). shows rise from negligible levels in 2007 -2010, to over 400 last year
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