Tax

As local and international tax rules become more prescriptive, and compliance and reporting obligations more onerous, dealing with them effectively is a significant challenge. Our UK-based tax team is well-placed to assist you. We are part of a 300 strong tax group across Europe and beyond. Supported by strong technical back-up teams that identify developments in tax law and policy affecting your business, we will help you develop robust structures that maximise tax effectiveness and can respond to future developments such as BEPS. We work with you to implement an appropriate tax strategy for your business.

Whether you are a financial institution, multinational, fund, corporate investor or high net worth individual, we understand your commercial drivers and the tax pressures you face.

Our teams work together across all sectors and all areas of tax affecting your business including VAT, transfer pricing, tax structuring and tax disputes. Where you are undertaking a transaction, our advice can make a material difference to transaction costs, help you exploit tax saving opportunities and, in some cases, avert serious consequences. If you are involved in a dispute, an early intervention with the tax authorities on your behalf can ensure the best outcome for your business.

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Employee Incentives
CMS has the largest number of partners dedicated to employee share plans in a City law firm, with over forty years’ combined experience as partners in
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Private Client Tax
The CMS Private Client Tax practice advises on all aspects of personal and corporate tax matters including income tax, capital gains tax, inheritance
Restructurings and Reorganisations
The CMS tax team provides UK and multinational groups with bespoke structuring services to achieve commercial aims tax efficiently.  Whether you are s
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Tax Disputes and Investigations
The global tax landscape has undergone radical change in recent years.  In the face of growing pressure to crack down on perceived tax avoidance by mu
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Transfer Pricing
As an organisation with global operations, you may be benefiting from strong growth in cross-border transactions. You are also subject to tighter regu
Law-Now: Tax
Vis­it Law-Now for leg­al know-how and com­ment­ary
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29/09/2022
Off-payroll rules (IR35) – As you were?
The Chan­cel­lor po­si­tioned the Gov­ern­ment’s mini-budget last week as a new ap­proach for a new era, fo­cused on growth. In the Chan­cel­lor’s speech, the off-payroll rules (in­tro­duced in 2017 for the pub­lic...
26/09/2022
CMS ad­vises Anzo Group on the sale of Rox­or Gam­ing
In­ter­na­tion­al law firm CMS has ad­vised Anzo Group on the sale of lead­ing in­de­pend­ent UK-based iG­am­ing con­tent sup­pli­er, Rox­or Gam­ing, to Ar­is­to­crat Leis­ure, the Aus­trali­an Stock Ex­change lis­ted lead­ing...
26/09/2022
CMS ad­vises River and Mer­cant­ile (R&M) on £155m in­vest­ment in Spring Fibre
In­ter­na­tion­al law firm CMS has ad­vised spe­cial­ist in­vest­ment man­age­ment com­pany River and Mer­cant­ile on its £155-mil­lion in­vest­ment in whole­sale fibre op­er­at­or Spring Fibre.Well known as a pro­vider of...
23/09/2022
The Growth Plan 2022: driv­ing growth via tax cuts and in­vest­ment in­cent­ives
A rose by any oth­er name would smell as sweet – and the same could be said for cer­tain tax­pay­ers and would-be in­vestors listen­ing to what was per­haps, in all but name, a Budget this morn­ing. Giv­en the...
13/09/2022
CMS ad­vises Com­pass Group plc on ac­quis­i­tion of Equi­noxe Solu­tions
In­ter­na­tion­al law firm CMS has ad­vised glob­al food ser­vices busi­ness Com­pass Group plc on its ac­quis­i­tion of Equi­noxe Solu­tions. Equi­noxe Solu­tions provides hos­pit­al­ity pro­cure­ment, sup­ply chain, sys­tems...
12/09/2022
CMS ad­vises Oore­doo Group on the sale of its tele­com busi­ness in My­an­mar...
CMS has ad­vised Oore­doo Group, an in­ter­na­tion­al com­mu­nic­a­tions com­pany op­er­at­ing across the Middle East, North Africa and South­east Asia, on the sale of its tele­com busi­ness in My­an­mar to Nine Com­mu­nic­a­tions...
02/09/2022
SNM Pipelines – Are you not en­ter­tained?
In SNM Pipelines Lim­ited v HM­RC [2022] UKFTT 231 (TC), the First-tier Tribunal (Tax Cham­ber) (“FTT”) held that the tax­pay­er’s no­tice of ap­peal was val­id, not­with­stand­ing the fact that the dis­puted...
31/08/2022
Ex­ec­ut­ive re­mu­ner­a­tion and ESG
En­vir­on­ment­al, so­cial and gov­ernance (ESG) con­sid­er­a­tions are top of the agenda for many com­pan­ies today. While ESG seeps in­to all as­pects of busi­ness, ex­ec­ut­ive re­mu­ner­a­tion is one of the areas that...
22/08/2022
UK Tax Dis­putes Di­gest
Wel­come to the sum­mer (and very first) edi­tion of our UK Tax Dis­putes Di­gest: a high-level sum­mary for gen­er­al coun­sel, heads of tax and oth­er in-house pro­fes­sion­als of some of the key tax cases over...
10/08/2022
Up­com­ing dead­line for re­gis­ter­ing non-tax­able trusts on HM­RC’s Trust Re­gis­tra­tion...
Trust­ees should be aware that the dead­line for re­gis­ter­ing cer­tain ex­press non-tax­able trusts on HM­RC’s Trust Re­gis­tra­tion Ser­vice (“TRS”) is now round the corner. The ob­lig­a­tion to re­gister has...
09/08/2022
Cryptoassets held by in­di­vidu­als: What amounts to a dis­pos­al for cap­it­al...
HM Rev­en­ue & Cus­toms (“HM­RC”) con­tin­ues to up­date and ex­pand its guid­ance on the tax­a­tion of cryptoassets held by in­di­vidu­als. In this series, we will ex­plore vari­ous tax top­ics rel­ev­ant to in­di­vidu­als...
04/08/2022
Cryptoassets held by in­di­vidu­als: What con­sti­tutes “trad­ing” for tax pur­poses
HM Rev­en­ue & Cus­toms (“HM­RC”) con­tin­ues to up­date and ex­pand its guid­ance on the tax­a­tion of cryptoassets held by in­di­vidu­als. In this series, we will ex­plore vari­ous tax top­ics rel­ev­ant to in­di­vidu­als...