When it comes to tax, you want to be sure you're getting it right first time. And, of course, you want to pay less tax while maintaining a robust compliance reputation.
Our team is on hand to help, with comprehensive and clear advice on what is often a challenging and complex area of law.
Combining the skills of lawyers and chartered tax advisers, the eight-strong team advises on the full range of tax issues including corporate, real estate, dispute resolution, funds, individuals and trustees, private capital, employment. Clients can also count on our specialist tax teams in Paris and Monaco.
So, no matter how complex or international your tax situation, choosing Gowling WLG gives you access to a team that is:
- Technically excellent - clients describe team members as "highly professional", "a quick, no-nonsense lawyer" and "very good technically". Ranked as a stand-alone tier one practice in Legal 500 in the West Midlands, it is known for being "practical and commercial" and able to "quickly understand issues".
- Proactive - by planning ahead, the team can ensure the efficient, practical and tailored application of tax legislation to your situation. This pragmatic approach is highlighted by Legal 500's description of partner Lee Nuttall's ability to handle "detailed and complex tax analysis in a client-friendly way".
- Immersed in your chosen sector - the size of the team means you can call upon the right expert, including industry sector, who will be on the ground with you in any deal or situation.
Corporate and private clients alike turn to our team to solve their most pressing challenges. These include Development Securities plc, J Sainsbury plc, The Crown Estate, Cape plc, LaSalle Investment Managers, Circle Health plc, Whitbread plc, Sanctuary Housing, St Modwen Properties plc, Intu Properties plc, Threadneedle, Royal London and various international multi-million and billionaires.
Complex sale and leaseback
The team advised Peugeot Motor Company and Citroen UK on a £30 million complex sale and leaseback of a nine-property portfolio of showrooms including advice on TOGC treatment and SDLT reliefs.
UK's first-ever social impact venture capital trust
The team advised not-for-profit Social Finance on the launch of the UK's first-ever social impact venture capital trust. Set up to raise up to £20 million for onward investment in social enterprises, the fund is a joint initiative between Social Finance and the FSE Group. It is the first investment vehicle to allow retail investors to invest in businesses that put social impact at the heart of their objectives.
Student Accommodation Fund
Advised Coral Student Accommodation Fund on its joint venture with student accommodation provider Victoria Hall for the development of a new student accommodation scheme involving land swaps and the establishment of an offshore fund.
Innovative tax structures
The firm recently implemented a series of innovative structures on behalf of Middle Eastern, Bahamian, South East Asian and Latin American clients.
'Patent Box' tax relief
The UK's 'Patent Box' regime offers companies an attractive lower rate of UK corporation tax on worldwide profits earned from their patents and other qualifying IP rights. The effective rate of tax will gradually be reduced and, by 1 April 2017, will be as low as 10%. You can benefit from the Patent Box if your company is liable to UK corporation tax and makes a profit from exploiting patented inventions. Our intellectual property and tax experts can assist you and your patent attorneys in making the most of the Patent Box. Please contact Dr Luke Kemptonto find out more.