Expert Resources

Free information from our team of lawyers about legal and practical aspects of corporate and investment structures. If you are interested in these areas, you may want to bookmark this page to check back regularly for new information.

Paul Sutton

The LCN Tax Interview: Paul Barnes

We are delighted to feature an interview with Paul Barnes, Director of Tax at Visa Europe and former Head of Tax, EMEA at Marsh & McLennan. Why did you get into tax? In the old days in accountancy practices, you needed to qualify as a chartered accountant in the audit department before you moved into tax. Whenever the tax people came out to the …
Paul Sutton

What kinds of reserves are distributable?

The amount of a company’s distributable reserves is relevant when considering whether a dividend can be paid. It is also a factor in deciding whether an asset can be transferred to a related party at book value as opposed to market value, or whether a debt receivable can be waived. The following table summarises different types of reserves, and gives …
Paul Sutton

Restoring a company to the register

Sometimes, after a group company has been removed (whether by liquidation or strike off), it is necessary to restore it to the register. This may be because there is some kind of windfall profit, or simply because a pre-existing asset has been overlooked. This article looks at how the procedure works for companies incorporated in England and Wales. …