Gareth has a very broad practice and advises on all aspects of corporate tax and VAT.
Expertise
Industries
Experience
Representative matters
A major banking group on the tax consequences of the ring-fencing of its UK retail banking operations, pursuant to the Financial Services (Banking Reform) Act 2013 including setting up operational service companies to serve both the ring fenced bank and non ring-fenced banks.
Successfully litigating a VAT case before the First Tier Tribunal for a financial institution.
A major banking group on the tax consequences of the structuring and implementation of the recapitalisation plan for the Bank which involves a consensual bail in of subordinated debt (the first of its kind in the UK) and a highly structured capital contribution of GBP450m from the Group to the Bank, involving a debt/equity conversion effecting a change of control of the Bank and implementation of inter-conditional liability management exercises by way of exchange offers and an English scheme of arrangement.
A major UK company on settlement discussions with HMRC as part of their High Risk Corporates Programme in relation to certain financing arrangements with an amount of tax at stake in excess of GBP100m.
Pro bono
Upreach
Qualifications
Admissions
Academic
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