Gannons Solicitors 020 7438 1060
London solicitors specialising in the law relating to employment, partnerships/LLPs and company commercial
Our tax solicitors structured a compromise agreement dealing with unfair dismissal, sex discrimination, equal pay and injury to feelings and obtained HMRC approval to the payment of significant sums tax free.
Our tax lawyers successfully concluded negotiations with HMRC over tax claimed following a PAYE investigation into an entertainment company. Gannons met with HMRC and negotiated over several months to secure a 90% reduction in the amount of tax and national insurance claimed.
We obtained clearance from HMRC that a share purchase did not involve the avoidance of income tax and that the proceeds be treated as a capital payment on which CGT was payable. Advice on the taxation consequences of loan notes.
We obtained clearance from HMRC that a company with a complicated share structure involving various classes of shares could grant options which qualified for the advantageous EMI tax treatment on the exercise. Clearance was also received on amendments to existing EMI options and qualifying trade requirements.
HMRC approval to a share buy back was obtained under which payments made by the company were not treated as dividend payments.