All direct UK taxes; employment-related securities; EMI; CSOP and SAYE options; share plans; ‘growth’ shares; JSOPs; employees’ trusts; employee ownership trusts; employee buyouts; disguised remuneration; employment income; inheritance tax aspects of employees’ trusts;
EIS and venture capital investments;
Protection of management interests on a company sale;
Professional negligence claims relating to tax matters;
‘Transactions in securities’;
Tax treatment of close companies;
Acting as expert witness.
Trained at Clifford-Turner tax dept (1980-1983); partner Pinsent Masons (from 1985 – 2009) and Head of Tax (1996-2001); founding partner Pett, Franklin & Co. (2009-2017);
Transferred to the Revenue Bar (Temple Tax Chambers) in 2017;
Member of government advisory group on EMI options and Share Incentive Plan (1999-2000);
Public Member, Network Rail (2002-2011).
Solicitor (non-practising); member of Revenue Bar Association; ESOP Centre and Share Plan Lawyers Group
“Employee Share Schemes” (2-Vol loose-leaf and online pub. Thomson Reuters);
“Tiley & Collison’s UK Tax Guide” 2018-19 (contributor);
Dept for BEIS : Employee ownership: company model documentation (2014);
“The use of trusts with employee share schemes” (Longmans Intelligence Report).
Based in London and Birmingham.
Orchestral timpanist; Chairman of City of Birmingham Orchestral Endowment Fund; Trustee of CBSO Endowment Fund.