An Employee Ownership Trust (EOT) is a special entity which holds shares on behalf of the employees of a given company. Brought into existence by the government in 2014, EOTs offer two significant tax advantages. Firstly, company owners who sell more than 50% of their ownership to an EOT are exempt from capital gains tax from that sale. Secondly, companies that are more than 50% owned by an EOT can provide their employees with income tax-free bonuses (excluding NICs).