Tax is part of our life and affects almost any transaction that we do. Money doesn’t have to change hands for the taxman to demand his share.
Whether you issue or transfer shares in your company to existing shareholders, employees of the company or to third party investors you need to consider the inevitable tax consequences of such transactions in shares. We can assist you in order to ensure that any dealings in shares achieve the best tax results for the company, its shareholders and employees at that time and when they are ultimately disposed of in the future.
In today’s tough economic market more and more companies find it hard to pay good key employees a proper market rate salary. Instead they look to incentivise their employees by providing them with either approved or unapproved share option schemes so that they get a stake in the company at a time when the company’s financial position improves. We can assist you in setting up the scheme that best suits your company’s needs. The most popular scheme is the approved EMI (Employee Management Incentive) scheme. It is very flexible and provides great tax benefits to both the company and the option holders.
We have considerable experience in advising companies and individuals on all aspects of taxation that affect your business including:
- Share acquisitions and disposals - tax warranties and tax deeds
- Business acquisitions and disposals - VAT and employment tax
- Company restructuring/reorganisations
- Tax efficient deal structures
- Tax clearance applications
- Share buybacks
- Employment related securities
- Employment income
- Approved/Unapproved share schemes
- Property taxation (VAT/SDLT/Stamp Duty)
We work alongside other teams such as Company Commercial, Property and Employment making sure that you get the best advice that takes into account your commercial and tax needs.
