Our work
Corporate
The corporate and business tax issues covered by Chambers include:
- Mergers and acquisitions
- Company or group reconstructions and demergers
- Transfer pricing
- Structured finance including cross-border transactions, corporate debt, foreign exchange and derivative transactions
- Methods of computing profits (including the relevance of accountancy practice) and deductions against receipts
- Losses and capital allowances
- International and EC Tax including the impact of double tax treaties, the EC Treaty on the availability of foreign tax credits, the utilization of offshore losses and the taxation of foreign dividends and intellectual property income
Personal
Chambers undertakes a high proportion of work in relation to tax planning for individuals, trusts and estates, covering all inheritance tax, capital gains tax, income tax and SDLT issues.
Typical areas are:
- Sale and re-organisation of family companies
- Advice on and drafting of documents concerning family trusts
- Tax planning for landed estates including business property relief and agricultural property relief
- Heritage property planning
- Tax planning in relation to the family home
- Tax and matrimonial proceedings
- Issues relating to residence and domicile
Employee remuneration
Personal and business tax matters come together in relation to employee remuneration with issues including:
- Share option and pension schemes
- Employee share ownership plans
- Profit sharing schemes
- National Insurance contributions
VAT / IPT and other indirect taxes
Value Added Tax is dealt with by many Members of Chambers. VAT affects every area of commercial life and the European dimension is of growing significance. Moreover, the application of VAT in the property sector means that appropriate planning is essential. Other important issues in the VAT field where members of Chambers have expertise are:
- Business/non business
- The single market
- Non-economic activity
- Judicial review
- Suing for 'Frankovitch' damages
- European Law
Members of Chambers advise businesses of all sizes in the commercial, retail, financial services, international trade and charitable sectors.
Members of Chambers also advise on other indirect taxes including:
- Cutoms Duty
- Excise Duty
- Insurance Premium Tax
- Betting Duty
- Environmental taxes: Landfill Tax, Climate Change Levy & Aggregates Levy
- Tonnage tax
Stamp taxes
Members of chambers specialise in all stamp taxes, including stamp duty, stamp duty land tax and stamp duty reserve tax and are able both to provide advice and to litigate in relation to such matters. In particular, stamp taxes issues regarding:
- Corporate acquisitions and restructuring
- Property transactions
- Property refinancing
- Property developments
Professional negligence
A number of members of chambers have substantial experience in advising upon and conducting litigation in Professional Negligence disputes, where direct or indirect tax issues have arisen. In addition to acting as advocates in such matters, Members of Chambers have been instructed to act as expert witnesses and have extensive experience of different forms of alternative dispute resolution.
Arbitration and mediation
We are able to offer accredited mediators and arbitrators in a wide variety of disputes where the issues are tax driven.