Our capital projects tax team has considerable experience of advising on PFI/PPP projects and private sector projects. The team are used to advising financial institutions (both UK and cross-border), contractors, SPVs, debt funders and the public sector on projects in all sectors. We have extensive experience of courts, light rail including trams, rail, roads, libraries, prisons, accommodation, police...
The UK corporate tax regime has changed radically in recent years. Substantial changes in law, the obligation to disclose certain tax planning structures and the increasing influence of European law on the UK tax system are among developments that have overturned many of the accepted approaches to corporate tax planning. This is against the background of tax authorities taking an increasingly aggressive...
We are one of the UK's leading advisers nationally on employee share plans. Our highly specialised team is led by lawyers who are independently recognised experts. Our team is at the forefront of innovation and thinking in this area.
We advise clients across diverse sectors on a wide variety of employment tax issues, and have a co-ordinated team of lawyers across our UK offices with responsibility for broadening and strengthening our employment tax offering.
Entrepreneurs, high net worth individuals, shareholders and their trustees all need to be able to manage their tax affairs to best effect for their businesses and themselves.
Our finance tax team has considerable experience of advising financial institutions and corporate clients on all aspects of finance, including structured and asset finance and we work closely with our banking team to provide an integrated "one stop" approach to transactions.
Our international tax team has considerable experience in advising corporate and financial institutions combining comprehensive tax structuring with quality advisory skills.
We advise on structuring private equity and real estate investment funds and retail bond and equity funds through the use of limited partnerships, open and closed-ended companies and other investment vehicles both onshore and offshore. We also advise on issues relating to investment trusts and REITS, the tax implications of subsequent fund raisings or restructurings, corporate reorganisations of funds...
The relatively long duration and high value of most outsourcing contracts together with the strong commercial drivers mean that correct tax treatment is essential to the outsourcer. This is particularly acute in the financial services and insurance sector where the correct advice relating to VAT can mean the difference between the outsourcing being economically viable or not.
The private equity sector has been a significant force in the UK economy over many years now. We have long experience acting both for institutional investors and for management teams. This covers in particular the investment process from initial investment and acquisition of the target business including public to private transactions, subsequent fund raising and/or restructuring, through to ultimate...
Property transactions present a large number of complex taxation issues whether those involved are property owners, developers, tenants, banks, investors or the public sector. Tax charges can significantly affect the return and, in some cases, can make a project commercially non-viable.
Today there is renewed reliance on the voluntary sector to provide a broad range of community services and facilities. Government is encouraging alliances between public and private sectors involving non-profit making organisations which may be registered charities.
HM Revenue & Customs (HMRC) continue to put pressure on taxpayers who do not in their view pay the “right” amount of tax, whether because they have implemented tax planning or simply take a different view on their tax liability. HMRC's policy (reflected in their refreshed litigation and settlement strategy) is that it will not settle at less than full value in strong cases where large amounts of tax...
We advise corporate trustees, pension providers, insurance companies, banks and other financial institutions in all areas where trusts are used in a commercial context. This also extends to the establishment of collective investment structures and other funds where a trust structure is appropriate.