Corporate Tax

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 attitude to tax structuring.

Key Contacts

All tax contacts

We regularly work for listed companies, companies in foreign ownership, institutional investors and banks in maximising the tax effectiveness of all types of commercial transactions. We put ourselves in the shoes of in-house tax advisers and finance directors to understand what they need from their tax advisers. We work closely with them, combining the promptness and pragmatism businesses require, with the innovation we have become known for in interpreting complex tax matters to achieve the best result for our clients. This approach has made us the law firm of choice for listed and large private companies, foreign-owned businesses, institutional investors, banks, public sector bodies and management teams.

A core area of our practice is providing tax consultancy advice on corporate structures and transactions. We work closely with other teams in the firm to provide an integrated "one stop" approach to transaction structuring.

  • Restructurings and reorganisations
  • Mergers and acquisitions 
  • Joint ventures and partnerships 
  • Tax risk management 
  • Raising and reducing capital 

Recent experience:

  • Advising Horizon Acquisition Company plc on its $855 million (£527 million) acquisition of APR Energy (number 2 in the global high growth temporary power market)
  • Advising in relation to £376 million acquisition by Yule Catto plc of PolymerLatex Deutschland GMbH
  • Advising Heywood Williams Group plc on an innovative £21 million debt-for-equity restructuring and related management shareholdings.
  • Advising Babcock International on the VAT structuring of its participation in the defence consortium contracting to supply two new aircraft to the Ministry of Defence for £4.2 billion. 
  • Advising Wal-Mart/ASDA on the tax aspects of the sale of Gazeley Limited, the property development subsidiary operating in Europe and Asia. 
  • Advising Countrywide Assured Group plc on the £545m demerger of its life assurance business (Chesnara plc) by way of a scheme of arrangement and additional £100m return of capital to shareholders.
  • Acting for AIM-listed Mayborn Group plc on its £116 million recommended takeover by 3i, effected by scheme of arrangement.