Structuring and step plans
Tax analysis of the structure and a step plan your team can document.
For introducers · M&A lawyers
The tax specialist alongside your corporate team.
When a transaction needs specialist tax input on the structure, the clearances or the tax schedule of the sale agreement, we work alongside you, to your timetable.
The problem
Corporate transactions increasingly turn on tax: reorganisation steps that need clearance, consideration structures with different tax outcomes, and tax covenants negotiated line by line. Without specialist tax input, it's harder to advise the client with confidence on the commercial trade-offs.
How we help
HMRC clearances
Full clearance applications for share exchanges, reorganisations, demergers and buy-backs, with the timing built into the deal.
The tax schedule
Negotiating tax warranties, indemnities and the tax covenant, and preparing the disclosure.
The shareholders' position
Advice to the individual shareholders on their own tax, including reliefs and post-deal planning.
Proof
[TESTIMONIAL: lawyer quote, with permission]
Pre-sale restructuring · £20m–£50m
Demerging property from a construction group before a sale
How we used a holding company and a capital reduction demerger to separate property from a £20m–£50m construction group before a sale.
Read the case studyBusiness sale · £5m–£20m
Selling a professional services firm to a private equity platform
How we protected BADR, demerged family property and structured the consideration for a £5m–£20m sale to a private-equity-backed buyer.
Read the case study
FAQs
Frequently asked questions
Can you work on the tax schedule of the sale agreement with us?
Yes. We regularly review and negotiate tax warranties, indemnities and tax covenants alongside the lawyers on a deal, and help prepare the disclosure against the tax warranties.
Do you handle HMRC clearance applications?
Yes. We prepare and submit clearance applications, deal with HMRC's questions and build the timing into the deal timetable.
Related advice
You may also need
For Introducers
Specialist transaction tax input for corporate finance advisers, lawyers, accountants and wealth managers. A view within one working day.
Read moreTax Warranties and Indemnities
Specialist tax advice on sale agreements. We negotiate tax warranties, indemnities and tax covenants to protect sellers and buyers after completion.
Read moreHMRC Clearances
Get certainty from HMRC before you complete. Specialist advice on advance clearance applications for share exchanges, reorganisations, demergers and sales.
Read moreDemergers and Reorganisations
Separate property, businesses or shareholders without an unexpected tax bill. Demergers, holding company insertions and HMRC clearances.
Read more
Working on a deal with a tax angle?
We'll give you an initial view within one working day.
Or write to taxadvisory@aswatax.co.uk
Last reviewed 6 October 2026
