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Seetec calls for renewed focus on economic growth as EO sector reacts to Budget changes
Summary by IFA Magazine
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Seetec calls for renewed focus on economic growth as EO sector reacts to Budget changes
Seetec is urging government to use the Budget’s change to capital gains tax for founders disposing to Employee Ownership Trusts (EOTs) as a catalyst to place employee ownership more meaningfully at the centre of the UK’s growth and levelling-up agenda. While the reduction in tax relief has caused understandable concern across the employee ownership (EO) sector, with fears the reduced incentive may slow adoption, Seetec believes the incentive rem…
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