Tax & Employee Incentives
Tax is a key consideration at every major stage of a company's life.
Clients may be starting off a new business venture, looking to raise finance or invest, incentivising management or other employees, dealing with the departure of key owner managers, bringing in new blood, moving on or selling up. We are expert in helping our clients to achieve their commercial objectives in a way which mitigates tax risk and maximises tax efficiency.
The key areas on which we advise include M&A, buy-outs, buybacks, reorganisations, investment, debt structuring, transfer pricing, capital gains tax planning, partnerships, VAT planning, property taxes and employee incentive arrangements.
Our clients range from individuals and entrepreneurs to global listed groups, including large media, advertising and newspaper groups, house hold brand names, venture capitalists and funds.
HMRC puts its stamp on social distancing16 April 2020
With vast numbers of people now working remotely due to COVID-19 restrictions, HMRC have put in place an electronic process for the payment of stamp duty and stamping of share transfer documents.
VAT and income tax deferrals to assist VAT-paying businesses and the self-employed during Covid-19 Outbreak27 March 2020
As part of the sweeping financial package announced by the Government on 20 March 2020, the Government is offering VAT and income tax deferrals to assist with the cash-flow of VAT-paying businesses and the self-employed. These deferrals are expected to provide over £30bn of additional cash-flow to a wide variety of British businesses.
Expansion of HMRC’s “Time to Pay” Arrangements during the Covid-19 Outbreak27 March 2020
Due to the immediate and stark effect that the Covid-19 outbreak is having on a lot of businesses, the Government has reminded everyone that it often reaches arrangements with businesses in financial distress for deferred payment of their tax liabilities. While this facility is not new, the Government expects the demands on the service to increase dramatically and is therefore scaling up its capacity to deal with new enquiries.
Financial support for larger firms: The COVID-19 Corporate Financing Facility26 March 2020
The COVID-19 Corporate Financing Facility (CCFF) is a quick and cost-effective way to raise working capital for those large businesses which need it.
Lewis Silkin has advised new client Artelia Group on its acquisition of quantity surveying practice Austin Newport Group26 March 2020
Lewis Silkin has advised new client Artelia Group, an international, multidisciplinary consultancy, engineering and project management group, on its acquisition of Austin Newport Group, specialised in chartered quantity surveying, project management contracting and recovery of damaged historic buildings.
Types of directors: myths and common pitfalls25 March 2020
Below we answer some of the most common questions and address frequent pitfalls in the often-confusing realm of company directors.
Lewis Silkin has advised Euronext listed Sopra Steria on its acquisition in the UK of cxpartners24 March 2020
Lewis Silkin has advised longstanding client, Euronext listed Sopra Steria, a European leader in digital transformation, on its acquisition in the United Kingdom of cxpartners, the industry leading consultancy specialising in customer experience and user-centred design. It will both expand Sopra Steria’s UK customer experience offerings and magnify cxpartners’ capabilities.
Too little, too late? IR35 changes announced.10 February 2020
In a welcome but late move, HMRC confirmed last week that the imminent IR35 reform will only apply to supplies of labour provided on or after 6 April 2020.