The government’s plan to let employees swap rights for shares could be a way for entrepreneurs to raise funds, according to Baker Tilly.
The plan, which will see workers giving up rights such as protection against unfair dismissal, redundancy pay and time off work for training for a small stake in their company, received a mixed reaction from accountants and unions earlier this month.
However, Baker Tilly said in its weekly tax round-up that the proposal may be good news for some employers.
About Nick Huber
I’m a specialist business journalist and have a particular interest in tax and technology.