A chartered accountant and tax advisor specialising in corporate transactions.
Henry’s expertise is in helping groups of companies who want to come together or break apart, partners who want to join forces or go their separate ways and individuals with significant personal wealth in business, property and asset transactions. Henry acts for sole traders, partnerships and companies throughout the UK, across a broad experience in a range of sectors, but he has a particular understanding of IFA businesses.
Henry analyses the proposed corporate deals and advises on the structuring options from various tax perspectives (stamp duty, corporation tax, inheritance tax, etc) and the availability of business reliefs or capital allowances. He also creates employee share schemes, including the agreement of share valuations. When a structure has been determined, Henry liaises with HMRC to obtain any necessary clearances and to conclude the legal formalities required.
Examples of how Henry has helped clients include:
- separating parts of an independent financial advisory company without incurring any tax charges;
- creating enterprise management incentive share options in consultation with HMRC to enable key staff to buy into their company; and
- assisting a property investor living in Ireland to restrict their UK tax liability to 6 years, without penalty, for undeclared income relating to a UK commercial property they had owned for more than 20 years.