Tax law is a major consideration in any area of commercial activity. Getting the right tax result is vital, for example, in structuring corporate disposals and acquisitions, incentivising key employees and management, or managing property taxes efficiently.
Our expert team provides commercially-focused, technically-sound tax advice and first-rate legal drafting on tax-related matters. We’re equally at home advising on a one-off SDLT query, working with you on tax issues through the process of a corporate sale or advising on tax matters in setting up an operating company for a local authority.
We act for a broad range of clients in the public and private sectors, including individuals, owner-managed businesses, listed companies, international groups, schools, local authorities and other public bodies.
Advising a multinational luxury brands retail group on its corporate acquisition of an online beauty retail business for an undisclosed sum, working with the client (based in mainland Europe) on the tax aspects of the legal documents, and the scope of tax-related warranty and indemnity insurance which was being sought on the deal.
Advising a UK national retailer on VAT and SDLT issues on a complex redevelopment project on a flagship London store, involving short-term leases to allow for the redevelopment, and a longer-term lease for the client to take up its new premises at the store.
Advising a local authority on a site assembly, with associated land and company purchases, for a proposed mixed-use development. This was a complex project over several months which involved both direct land acquisitions and the purchase of a company holding part of the site as a property asset. We advised on stamp duty land tax and VAT matters on the property purchases, and on corporation tax issues with the company purchase, as well as leading on the tax aspects of the legal documents and related negotiations.
Advising a local authority on SDLT and VAT issues on re-acquiring a town centre shopping precinct from a private sector investor, collapsing an income stream model, and advising on the effect of unwinding a historic stamp duty scheme set up by previous owners. We also worked with leading SDLT counsel on this matter.
The whole team is responsive – there is always someone there to assist or ensure that the query is passed quickly to the relevant team, and we have been pleased not to have been inundated with compliance paperwork for every instruction given.
The Browne Jacobson team has always been very responsive when we have had UK corporation tax queries in connection with property matters. They explain difficult issues in a clear and concise manner enabling decisions to be made with confidence.
Delivers comprehensive advice on taxes related to property, national and cross-border M&A. Noteworthy expertise in handling VAT and SDLT matters. Frequently provides tax advice on employee and management share incentives.
The war on plastic is being taken to a new level, and businesses that don’t consider sourcing recycled packaging materials could face costly implications.
Schedule 13 of the Finance Act 2020 has introduced new provisions empowering HMRC to issue a Joint Liability Notice on individuals for amounts payable by a company (including an LLP) to HMRC.
Throughout the pandemic, many businesses have made good use of the HMRC-administered Covid-19 relief schemes. Such support has helped them survive the difficult economic conditions and manage staffing and revenue issues as a result of the strict lockdown rules.
Yesterday the Chancellor outlined the much-anticipated budget for 2021 which set out a financial recovery roadmap to coincide with the easing of Lockdown 3.0 over coming months.
Catch up on our Private Sector Development Club on-demand video where we covered a variety of topics including managing construction projects during a global pandemic, tax and planning.
On 2 September HMRC announced a change in its policy on the VAT treatment of compensation and damages payments in the context of early contract termination.
The Treasury is looking to simplify and extend VAT recovery for ‘section 41’ organisations, the consultation remains open until 18 November 2020.
Can an employee, who has been in breach of their contract in the past, successfully bring a claim for breach of contract by their employer following their dismissal?
With IR35 changes moving ever closer, this webinar will take you through the changes and give you clear advice on how to get ready.
Andrew discusses changes to IR35 tax rules which are due to be implemented in April 2020
In the UK, a great number of organisations engage self-employed IR35 contractors to complete work on their behalf
On 31 October 2019, the UK could leave the EU without a signed withdrawal agreement. Read here for key points your business should consider.
Browne Jacobson’s Manchester team has advised nmcn, the national provider of design, offsite manufacturing and construction services in the water sector, on its acquisition of water treatment system manufacturer Lintott Environmental Technologies and its wholly owned subsidiary, Lintott Control Systems (LCS).
Where a start-up or SME company is looking for external investment, and one or more individuals are looking for investment opportunities which can provide significant tax advantages, it is well worth considering the Enterprise Investment Scheme (“EIS”) or the Seed Enterprise Investment Scheme (“SEIS”).
Share options granted under the Enterprise Management Incentive Scheme (usually referred to as EMI options) are a popular choice for SME and start-up companies who want to reward and incentivise employees in alternative ways to simply paying them more amounts of cash.
Our banking & finance partners, Paul Ray and Jonathan Edwards, give an update on an important legal development that has been proposed in the finance sector.
When individual employees or directors sell shares in a trading company, or a holding company of a trading group, they may be able to claim entrepreneurs relief ('ER') from CGT on the sale of their shares in that company.