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32065040343_694a3b1084_b.jpg?profile=RESIZE_710xThe Equity for All report says its recommendations could bring the largest redistribution of wealth in a generation

Tax incentives could be used to encourage a new wave of employee-ownership transfers – creating 1.5 million employee owners by 2030 and bringing the largest redistribution of wealth in a generation, a report argues.

The Equity for All report, from thinktank Ownership at Work – a partner of the Employee Ownership Association – says the creation of tax-advantaged employee ownership trusts (EOTs) in 2014 doubled the rate of growth in the sector. EOTs are now increasing at a rate of 30% a year, accounting for half of the UK’s £30 billion-plus employee owned sector.

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Co-operative News - Global Hub

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