Tax, Rewards & Incentives
Navigating this complex and constantly evolving area presents real challenges for many businesses, entrepreneurs and executives alike, but the benefits – financial and otherwise – of getting tax, rewards and incentives right can be substantial.
Whether structuring business sales in a tax efficient manner, implementing sophisticated bonus schemes or equity arrangements for staff, or co-ordinating tax arrangements for cross-border transactions, the possibilities – and potential pitfalls – are many and varied.
We guide our clients through the complexities and technicalities in a clear and down to earth way. Our skills lie in disentangling the issues so that our advice is straightforward and business-friendly, helping you to achieve your commercial aims in a way which minimises risk and maximises efficiency.
Advising individuals and businesses ranging from multinational blue-chip corporates to SMEs, our expertise spans areas as diverse as tax and VAT planning, property transactions, pensions taxation, partnership structures, staff incentives, investment and funding issues, restructurings, and international tax considerations to address any challenge you may face.
Update on the new tax rules for payments in lieu of notice16 February 2018
New tax rules will mean that income tax and national insurance contributions (“NICs”) must be paid on all payments in lieu of notice (“PILONs”) with effect from 6 April 2018.
Lewis Silkin advises Next Fifteen Communications Group plc on its acquisition of The Brandwidth Group Limited08 February 2018
Lewis Silkin has advised its client Next 15, the digital communications group, on its 100% acquisition of The Brandwidth Group, a UK based digital innovation agency on 6 February 2018.
Extending ‘off-payroll’ worker reforms to the private sector23 November 2017
The Chancellor announced in the autumn Budget that there will be a consultation in 2018 to tackle non-compliance with IR35 rules in the private sector.
Tax on termination - employer NICs charges delayed23 November 2017
Some good news for employers was confirmed in the Chancellor’s autumn Budget.
The Damp Squid Budget?22 November 2017
Yes, yes, I know the phrase is “damp squib”. Call it pedant bait if you like. And the Chancellor (like everyone else) seems to be Blue Planet crazy, so you may detect a salty theme in this Budget update. Anyway, let’s dive into the icy waters of the latest Budget and see what monsters lurk beneath.
Establishing a business presence in the UK02 October 2017
If you are a non-UK corporate body and you wish to establish a business presence in the UK, this brief guide covers the main issues you need to consider. Establishing an operating subsidiary, branch or other business presence in the UK is a straightforward process, and can be achieved very quickly and at minimal cost.
Taxation of termination payments updated legislation published19 September 2017
The Government proposes to make a number of changes to the tax and national insurance (“NI”) treatment of termination payments.
Proposed disclosure rules for non-UK entities owning property or bidding for Government contracts12 April 2017
The UK Government proposes new rules requiring non-UK entities that already own, or intend to acquire, UK real estate, or that wish to bid for UK central Government contracts, to be required to disclose information about the beneficial owners of the entity.