
David Pett
About
Provided by David Pett
Practice Areas
Al direct UK taxes; employment-related securities; EMI; CSOP and SAYE options; share plans; ‘growth’ shares; JSOPs; employees’ trusts; EOTs; employee buyouts; disguised remuneration; employment income; inheritance tax aspects of employees’ trusts; Trust law; Company law; EIS and venture capital investments; Protection of management interests on a company sale; Company reorganisations; Professional negligence claims relating to tax matters; ‘Transactions in securities’; Share buy-backs; Tax treatment of close companies; Acting as expert witness. Cases: Glais House Care Homes; Vermilion v HMRC
Career
Trained at Clifford-Turner tax dept (1980-1983); equity partner Pinsent Masons (from1985 – 2009) and Head of Tax (1996-2001); founding partner independent specialist law firm (2009-2017); transferred to the Revenue Bar (Temple Tax Chambers) in 2017.
Former member of government advisory group on EMI options and Share Incentive Plan (1999-2000); Public Member, Network Rail (2002-2011).
Professional Memberships
Solicitor (non-practising); Revenue Bar Association; ESOP Centre and Share Plan Lawyers Group
Publications
Current: “Employee Share Schemes” (Thomson Reuters looseleaf 1995-date); “Employee ownership Trusts; (Claritax Tax Guide 2022); “Disguised Remuneration and the Loan Charge” (Claritax Guide 2020).
Earlier: Dept for BEIS : Employee ownership: company model documentation (2014); “The use of trusts with employee share schemes” (Longmans Inte ligence Report); Practical Guide to Employee Share Schemes
Chambers Review
UK Bar
David Pett
David Pett is a former solicitor valued for his strong advice to taxpayers on employment and corporate tax-related issues. He is particularly respected for his deep knowledge of employee share schemes.
Strengths
Provided by Chambers
"Clever and knowledgeable, he's good at producing creative solutions."
"Clever and knowledgeable, he's good at producing creative solutions."
Discover other Barristers at
Temple Tax Chambers
Juniors
London (Bar)





