Corporate tax planning
Our tax team is able to advise on the full range of UK domestic corporation tax planning issues. We assist clients in the structuring of mergers and acquisition transactions, and in the acquisition and disposal of businesses as going concerns. Guidance is also available on the application of rollover and other reliefs, and in the reviewing of tax warranties and indemnities.
Other aspects of our work include pre-IPO tax planning, especially in relation to proposed AIM and main market listings; advice on banking and finance transactions, with a focus on structured products offered by banks to enable their customers to mitigate tax; assistance on the utilization of trading losses; and help for companies reviewing their employee incentive arrangements, including advice on schemes to save national insurance, using limited liability partnerships and employee benefit trusts.
We also have in-depth experience on the impact of stamp duty and the application of group relief, as well as the application of stamp duty, stamp duty reserve tax and stamp duty land tax in the context of corporate transactions.
The international nature of our practice means that we often advise on UK corporate residence and the rules for carrying on a business in the UK through a permanent establishment.
We act for businesses of all sizes. Our clients include major banks and insurance companies, shipping firms and property finance clients, hedge funds and private equity funds, as well as entrepreneurs looking to structure start-up vehicles. We also work with foreign governments that have a trading presence in the UK.
- Advising a main market listed company on the remuneration structure for its UK and non-UK resident directors and employees worldwide.
- Working with a major bank on the tax aspects of proposed structured products.
- Helping a foreign bank to establish whether its UK operations should take the form of a representative office, branch or subsidiary.
- Advising a main market listed CIS financial institution on its employee incentive arrangements.