Secondary liabilities can present a significant concealed tax risk for a purchaser when acquiring a UK corporate target. Due to the wide reach of the provisions, a diligence review of target entities alone will often not identify all the potential tax risks. Mark Boyle and Joe Grehan (EY) provide this practice guide on steps to take to mitigate these risks
Eloise Walker and Natalie Stoter consider some practical problems in M&A tax deeds in light of recent litigation.
Gareth Miles and Greg Price consider the recent increase in equity capital markets activity
PAYE and NIC can give rise to significant issues, warn Amanda Flint and Julia Ascott