Corporate tax in Scotland

Brodies LLP

Brodies LLP is a pre-eminent firm in the Scottish corporate tax market, fielding a deep bench of tax specialists across a broad range of areas including funds, real estate transactions, and other bespoke tax arrangements such as employee share incentives. The team is led from Edinburgh by Isobel D’Inverno, she is vastly experienced in property taxation and regularly advises real estate clients on a wide spectrum of transactions including inward investment structures, student accommodation and corporate real estate projects. Alan Barr has an impressive reputation in relation to personal and business tax issues, while Karen Davidson is a specialist in employment-related tax issues.

Responsables de la pratique:

Isobel D’Inverno


Autres avocats clés:

Alan Barr; Karen Davidson


Les références

‘Expert knowledge and resources to provide answers to complex questions.’

‘Karen Davidson displays the requisite technical expertise as well as a strong sense of commercial awareness.’

‘Great team with lots of experience and a commercial outlook.’

Principaux clients

Accel-KKR


TPG Europe LLP


BAE Pension Trustees


Northcare Group


Gresham House


Custodian REIT


Seafood Connection


RockRose Energy


Virgin Hotels


Wheatley Group


Principaux dossiers


  • Acting for the shareholders of Balhousie Holdings Limited on the tax aspects of its sale to AcalisCare.
  • Advised Custodian REIT plc on the tax aspects of the hive up of the business and assets of Drum Income Plus REIT plc (DRIP REIT).
  • Advising Gresham House on the UK and cross-border tax aspects of the formation of an Irish Forestry Fund.

Burness Paull LLP

One of Scotland’s leading firms in the corporate tax space, Burness Paull LLP is renowned amongst major domestic and international clients for its ability to handle complex tax mandates across the spectrum of areas including employment, PE and management incentives, real estate, renewables, and owner managed businesses. Ronnie Brown Leads the team from Glasgow and maintains a strong reputation in the market, recently advising on the tax aspects of major private equity transactions and real estate projects. The team was significantly bolstered by the addition of Christine Yuill from Pinsent Masons LLP in November 2022; she is highly experienced regarding acquisitions, property, and employment tax advice. Director Nicola Williams is a key contact, especially related to tax aspects of PE and M&A transactions.

Responsables de la pratique:

Ronnie Brown


Autres avocats clés:

Christine Yuill; Nicola Williams


Les références

‘Christine Yuill is very user-friendly and down-to-earth.’

‘One factor which makes Christine Yuill stand out is that she can provide both tax advice and employee share plans advice which means she can handle everything rather than needing to seek advice from two specialists.’

‘Their Glasgow-based corporate tax lawyers are very practical and responsive.’

Principaux clients

The Royal London Mutual Insurance Society Limited


Access UK Ltd


Scottish Power


Abrdn


Harris Family Trust


Brookfield Renewable UK Limited (“BRUK”)


TGI Fridays


Kester Capital


David Lloyd Leisure


Edinburgh Airport


Principaux dossiers


  • Advised on the corporate tax structuring in the acquisition of The Inn Collection Group by the Harris Family Trusts.
  • Advised Heimstaden Bostad on the tax and legal aspects of one of the biggest build-to-rent developments of the year in Scotland.
  • Advised Access UK Ltd on the tax and legal aspects of the acquisitions of Rotaready Limited, Paycircle Limited, ProspectSoft, Caboodle Technology and adamHTT.

Dentons

Leveraging its international presence and tax practice to advise on complex cross-border mandates, Dentons' corporate tax team in Scotland offers specialist skills across the gamut of areas including real estate, planning for high-net-worth individuals, VAT, financial services, and warranties and indemnities for M&A transactions. Lorna McCaa leads the team from Glasgow, having built a stellar reputation across numerous key sectors, from food and drink and retail to technology and real estate. Gwen Souter is a key contact and a trusted tax advisor to major stock exchange listed companies, privately held businesses and multinational corporates.

Responsables de la pratique:

Lorna McCaa


Autres avocats clés:

Gwen Souter


Principaux clients

The PRS REIT plc


M&G Real Estate (various funds)


The Edrington Group Limited


Wavestone Advisors


Hurricane Energy plc


Scottish Equity Partners LLP


Bute Island Foods Limited


Stagecoach Bus Holdings Limited


John Lewis Partnership


The shareholders of Roslin Cell Therapies Limited


Principaux dossiers


  • Advising Roslin Cell Therapies Limited and the shareholders of RoslinCT on a very competitive auction sale to Dolly Bidco Limited, funded by private equity investor GHO Capital Partners.
  • Advising HM Government, Department of BEIS on its Future System Operator project.
  • Advising Blofeld Investment Management on its successful joint Takeover Code bid with AlGihaz Holding Company to acquire Main Market listed Lamprell plc for £165m.

MacRoberts LLP

Boasting a roster of major clients from both the public and private sector, the tax group at MacRoberts LLP has a solid reputation for transactional advice regarding the provision of land and buildings and property-related VAT, as well as a recent increasing trend in the amount of management buy-out and employee ownership trusts work. Ainsley MacLaren leads the team from Edinburgh and is dual-qualified as a chartered tax adviser; she is highly experienced on a wide range of direct and indirect tax issues.

Responsables de la pratique:

Ainsley Maclaren


Principaux clients

Breedon Aggregates plc


Broadland Properties Limited


Bakkafrost Scotland Limited (previously Scottish Salmon Company)


Parkburn Precision Handling Systems Limited


Peoples Postcode Trust


Scottish Canals (British Waterways Board)


Student Loans Company


Sheet Anchor Investments Limited


Wm Morrison Supermarkets plc


Scotpharm (MNA) Limited (Dears Healthcare Group)


Principaux dossiers


  • Acted for the majority shareholder of Sumdog Limited in relation to the sale of the company to a Swedish competitor. From the tax perspective, advising on the transactional tax documentation, together with specific confidential drafting issues relating to tax matters, also dealing with the exercise of share options prior to the sale and related tax issues.
  • Assisted A & L Goodbody Northern Ireland in relation to tax warranties and tax indemnities given to Synova plc on its acquisition of a majority stake in 3173 group, as well as providing advice on an employment related securities issues the purchaser had raised following completion of its due diligence process.
  • Acted on behalf of the shareholders of Instinctive Business Intelligence Limited (IBI) in respect of the sale of the entire issued share capital of the company to Version 1 Solutions Limited.

Shepherd and Wedderburn

Shepherd and Wedderburn maintains its reputable corporate tax practice, advising clients on tax-related matters across a broad range of areas encompassing M&A transactions, land deals, share schemes, and fund matters. Practice head Stephen Miller brings more than two decades of corporate and personal tax experience, offering particular expertise in the tax aspects of corporate acquisitions, disposals and restructurings. Douglas Sinclair is a key contact, regularly handling a steady stream of high-value corporate and real estate tax matters.

Responsables de la pratique:

Stephen Miller


Autres avocats clés:

Douglas Sinclair


Principaux clients

Bigblu Broadband PLC


Cairn Energy plc


Taylor Wimpey UK Limited


BAE Systems


EE Limited


Miller Homes Limited


Tilstone/Warehouse REIT


Hermes


British Land PLC


Principaux dossiers