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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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... deal with things in a timely manner, are accessible, talk in English and give sound advice.

Chambers & Partners, 2015
Law-Now: Tax
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10 June 2021
The “clad­ding tax”: the gov­ern­ment’s con­sulta­tion on the Res­id­en­tial Prop­erty...
Earli­er this year, the gov­ern­ment an­nounced its plan to in­tro­duce a new Res­id­en­tial Prop­erty De­veloper Tax (the “RP­DT”). Col­lo­qui­ally also known as the “clad­ding tax”, the tax’s stated aim is...
08 June 2021
Clev­er moves
Re­lo­cat­ing tal­ent safely, smartly, and seam­lessly As an in­ter­na­tion­al busi­ness, you need your best people to be mo­bile. That can re­quire as­sign­ing ex­ec­ut­ives and em­ploy­ees to dif­fer­ent ter­rit­or­ies – of­ten at short no­tice.CMS Ex­pat Desk – part of the largest em­ploy­ment and tax teams in Europe – provides com­plete and co-or­din­ated ad­vice and sup­port on tax, pen­sions, so­cial se­cur­ity, pay and em­ploy­ment law for ex­pat­ri­ate em­ploy­ees. Glob­al sup­port – from one point Our ex­pat­ri­ate spe­cial­ists are net­worked across 43 coun­tries in Europe, Asia, Africa and Lat­in Amer­ica to give you multi-jur­is­dic­tion­al sup­port – all ser­viced from a single point of con­tact.From the start to ter­min­a­tion of an as­sign­ment, we can help en­sure the op­tim­al leg­al, tax and re­mu­ner­a­tion ar­range­ments for both for the em­ploy­ee and for your busi­ness.With our sup­port, you are free to de­ploy your people wherever they need to be – swiftly and seam­lessly.Our team can:Draw up em­ploy­ee con­tracts cov­er­ing all leg­al as­pects of an as­sign­ment in any giv­en jur­is­dic­tion­Keep you up to speed on the tax and so­cial se­cur­ity re­gimes in each ter­rit­ory – and help re­lo­cated staff nav­ig­ate any po­ten­tial pit­falls in the sys­tem.Ad­vise on op­tim­ising the be­ne­fits of an em­ploy­ee’s ex­pat­ri­ate status – e.g. in terms of tax, re­mu­ner­a­tion and pen­sion ar­range­ment­sHelp your busi­ness man­age multi-jur­is­dic­tion­al payroll and tax ob­lig­a­tion­sAd­vise on spon­sor­ing pen­sion schemes in mul­tiple coun­tries, in­ter­na­tion­al trans­fer of be­ne­fits and en­abling em­ploy­ees to con­tin­ue scheme par­ti­cip­a­tion.Watch the videos for in­form­a­tion about re­gimes in dif­fer­ent coun­tries. For more de­tails about of­fers in in­di­vidu­al jur­is­dic­tions and leg­al as­sist­ance feel free to reach out to your usu­al CMS con­tact or send an email to em­ploy­[email protected]­al.com.
19 April 2021
In­vest­ment Products, Ex­cep­ted Group Life Policies and Cor­por­ate Trusts
The UK has a spe­cial tax re­gime that ap­plies to life in­sur­ance policies. The CMS Private Cli­ent Tax Prac­tice has ex­tens­ive ex­per­i­ence as­sist­ing life in­sur­ance pro­viders and their poli­cy­hold­ers to nav­ig­ate...
30 March 2021
Chal­len­ging HM­RC U-turns: les­sons from a re­cent EIS de­cision
Gov­ern­ments across the globe are fa­cing a moun­tain of debt fol­low­ing the pan­dem­ic, with the fo­cus of some now shift­ing to in­come gen­er­a­tion mode. In the UK, are we already see­ing a change of ap­proach...
09 March 2021
UK Budget 2021: A bright fu­ture for the UK FinTech eco­sys­tem?
On the 3rd of March 2021, Chan­cel­lor Rishi Sunak an­nounced the latest UK budget. However, it came hot on the heels of the ground-break­ing Kal­ifa Re­view in­to the UK’s flour­ish­ing FinTech in­dustry. The...
04 March 2021
Budget 2021: Key tax points
The Chan­cel­lor of the Ex­chequer de­livered his Budget to Par­lia­ment on Wed­nes­day 3 March 2021. His stated aims were to pro­tect jobs and strengthen pub­lic fin­ances so that as the UK emerges from the Cov­id-19...
3 March 2021
CMS ad­vises Phoenix Group on its on­go­ing part­ner­ship with Stand­ard Life...
In­ter­na­tion­al law firm CMS has ad­vised Phoenix Group on a new ar­range­ment with Stand­ard Life Ab­er­deen (SLA), which sig­ni­fic­antly sim­pli­fies their stra­tegic part­ner­ship, en­abling Phoenix to con­trol its...
02 March 2021
Budget changes on our radar
The March 2021 Budget comes at a time of hope that nor­mal life can slowly be re­sumed as the pan­dem­ic sub­sides, but sig­ni­fic­ant un­cer­tain­ties re­main. Re­pair­ing pub­lic fin­ances will al­most cer­tainly re­quire...
13 January 2021
CMS and ShareReport­er launch leg­al and tax com­pli­ance app for glob­al em­ploy­ee...
In­ter­na­tion­al law firm CMS is pleased to an­nounce the launch of Share | Com­pli­ance, an app that helps com­pan­ies with leg­al and tax com­pli­ance in re­la­tion to the op­er­a­tion of their glob­al em­ploy­ee share...
January 2021
ShareReport­er
If you op­er­ate a cross-bor­der em­ploy­ee share plan, you un­der­stand the com­plex­ity of track­ing leg­al and tax com­pli­ance re­quire­ments across mul­tiple jur­is­dic­tions, and the need to stay ahead of crit­ic­al...
08 January 2021
Un­ex­pec­ted scale-back of DAC6 tax re­port­ing
HM­RC have an­nounced that the UK has scaled back the ap­plic­a­tion of the EU tax dis­clos­ure re­gime re­ferred to as “DAC6” so that only one out of the five EU “hall­marks” be­lieved to in­dic­ate tax avoid­ance...
30 December 2020
Stock sav­ings plan and Brexit: Brit­ish stock and some oth­er fin­an­cial in­stru­ments...
As a res­ult of Brexit, both stock or UCITS by a Brit­ish is­suer are dis­qual­i­fied and some EU-based UCITS funds’ un­der­ly­ing Brit­ish fin­an­cial in­stru­ments may also be so. Such a dis­qual­i­fic­a­tion may lead...