Russ Cahill our Corporate Tax Partner advised on the recent Feel Good Group / Perwyn private equity deal providing providing tax advice to the management team.
The Feel Good Group, is behind the well-known Tanning Shop brand one of the largest operators of it's kind in the UK.
Dow Schofield Watts Corporate Finance initiated and led the transaction. Advisers to management were: legal – The Endeavour Partnership; tax - Tax Advisory Partnership. Advisors to Perwyn and HSBC were: financial ...
Russ Cahill our Corporate Tax Partner advised on the recent Business Growth Fund (BGF) / Ultra Finishing private equity deal providing providing tax advice to BGF.
The investment was led for BGF by Taylor, Barry Jackson and Rob Johnson. Advisers were Pinsent Masons, DSW and Tax Advisory Partnership for BGF, while Shulmans and CBF Capital advised Ultra Finishing.
Russ Cahill our Corporate Tax Partner advised on the recent WHP Facilities private equity deal providing providing tax advice to Enact, an SME fund which is part of the Endless private equity house.
Russ Cahill our Corporate Tax Partner advised on the recent Propercorn Private Equity Deal providing providing tax due dilligence in support of the financial due dilligence provided by Sentio Partners to Piper Private Equity and JamJar for their joint £7m investment in Propercorn, the UK’s fastest growing popcorn brand.
From 6 April 2016 the Government is making major changes to the way in which certain distributions from companies in members’ voluntary liquidation (MVL) will be taxed. This could result in significantly increasing the tax payable by shareholders of companies entering into MVLs.
What are the changes?
Currently, post-liquidation distributions are classed as capital and are taxed as capital gains. This treatment generally attracts significantly lower levels of tax than if shareholders pay themselves dividends in order to extract company value. This is ...
Embracing the global economy
In an increasingly global marketplace, governments around the world are focussing on where profits are taxed and where they should be taxed. In 2013, the OECD and G20 countries agreed to adopt a 15 point action plan to address tax base erosion and profit shifting (“BEPS”). The first set of reports and recommendations to address seven of these actions has been released this week.
The BEPS project is the most significant reform of international tax ever and will have ...