Employee-owned business stifled by tax avoidance measures

Employee-owned business stifled by tax avoidance measures

MPs complain anti avoidance measures hinder enterprises owned by their employees

The Treasury

An all party groups of MPs will today warn that Treasury measures aimed at
halting tax abuse is stifling the the development of owner managed owner managed
businesses.

According to The Financial Times a report from an all-party group of
MPs says that employee owned businesses achieve better results by selling to
staff running than going through MBOs which run the risk of alienating the
‘productive’ tier of management below the buy-out team.

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