Executive Tax Experience
International Group of Companies
Structuring the payment of an arbitration award in excess of £9 million to an international group to minimise tax liabilities. The award was potentially subject to corporate tax as trading income in three separate jurisdictions, but the total tax liability in all three jurisdictions was reduced to approximately £300,000.
Designing a bonus structure for an executive which allowed a cash bonus in excess of £3 million to be paid entirely free of tax and employee's/ employer's national insurance contributions.
A senior manager
Advising a senior manager and negotiating with HM Revenue and Customs in respect of a termination payment on grounds of ill health and successfully reclaiming over £140k of income tax and national insurance contributions.
Advising a consultant on a status enquiry
Advising a consultant on a status enquiry after HMRC had raised an assessment for significant sums of income tax and national insurance contributions and successfully negotiating an acceptable settlement.
Bounty Group Limited
Advice to the shareholders of Bounty Group Limited on the most tax efficient way of structuring their consideration on the sale of the company to Kaboose Inc, a Canadian listed company