tax solicitors tax solicitors tax solicitors
...technical ability, flexibility and client responsiveness. The advice was always practical, commercial, timely and within budget.
Corporate Partner, London Law Firm

Whether advising clients on tax mitigation strategies or other tax services we aim to:

  • Understand your commercial objectives.
  • Provide technical excellence with a personal touch.
  • Give clear, innovative and practical advice which is timely and at competitive rates.

Tax support to law firms

Newshams is the professional choice for law firms which do not have an existing tax resource and yet want to provide a full service offering to their clients. We offer flexible assistance from ad-hoc on-demand advice, to full project involvement working on a continuous and regular support basis.

We have listed a few of the ways in which we have assisted law firms in the past within our case studies section. We are also able to provide assistance in the following areas. Contact us to discuss how we can help your clients to maximise their tax planning and corporate tax needs.

Corporate

When looking at corporate transactions, the earlier you include tax planning the better the outcome for your client. As an independent law firm as well as tax specialists, Newshams are able to provide tax planning advice which will benefit your client whilst meeting transactional objectives. Some of the areas in which we can assist include:

  • Mergers, acquisitions and disposals.
  • Corporate restructuring.
  • MBOs and MBIs.
  • Company listings and corporate finance.
  • Private equity and venture capital.

Employment

Employment law is complex at the best of times and with the government looking at all tax structures, including the IR35 contractor definitions; there is a fair degree of confusion on optimum tax structures for employees. However, it is still possible to provide employee incentives in a tax efficient manner and these include:

  • Share options and stock option plans.
  • Salary sacrifice arrangements.
  • Termination payments.
  • Employee secondments.

Property

The changes in capital allowances and VAT announced in the budget of June 2010 are a call to businesses to review their capital structures and investment plans. Newshams can work with you to review your client’s capital tax planning including:

  • Property holding structures.
  • Stamp duty land tax planning.
  • Capital allowances.
  • VAT.

Banking

With the USA having announced its plans for a change in banking structures and a review of UK banks underway, clean tax structures are more important than ever. Newshams can assist your clients in areas such as:

  • Withholding taxes.
  • Tax warranties and indemnities.
  • HMRC applications.

International

A global economy requires global tax planning and structuring to maximise gain and minimise tax charges. This includes transactions as seemingly straightforward as moving a car from one country to another for onward sale or moving staff from one country to another. Newshams are experienced in assisting clients with:

  • Group structuring.
  • Inward and outward investment.
  • Transfer pricing.
  • Permanent establishment issues.
  • Minimisation of withholding taxes.

Technology / Media

With the EU investing heavily in the digital economy, the already rapid pace of technological change is likely to quicken. This, coupled with the Government's drive to implement technological solutions for slowing climate change, means that Newshams can help your clients working in this area to take advantage of a range of grants and tax incentives including:

  • Research and development tax relief.
  • Intellectual property holding company structures.
  • Applications for EIS / VCT relief.

Fill in the form below to see how we can resolve your tax situation.