Weil Tax BLOG - Feed https://tax.weil.com/contributor/stuart-pibworth/ Views and developments from the Tax Department at Weil Tue, 14 Apr 2026 20:54:30 +0000 hourly 1 Tax in Distressed Situations https://tax.weil.com/insights/tax-in-distressed-situations-2/ Fri, 20 Mar 2026 15:41:37 +0000 Devon Bodoh Joseph Pari Edouard de Lamy Oliver Walker Stuart Pibworth https://tax.weil.com/?p=2632 Following the launch of the Tax in Distressed Situations microsite, created in collaboration with Loyens & Loeff, in 2025, our global Tax teams and Loyens have published seven updated jurisdictional guides on the topic. The updated guides reflect market trends over the last year as well as a new section addressing Pillar 2 considerations in

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]]> Following the launch of the Tax in Distressed Situations microsite, created in collaboration with Loyens & Loeff, in 2025, our global Tax teams and Loyens have published seven updated jurisdictional guides on the topic. The updated guides reflect market trends over the last year as well as a new section addressing Pillar 2 considerations in

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]]> The VAT Fundraising Exemption: Updates to HMRC Guidance https://tax.weil.com/insights/the-vat-fundraising-exemption-updates-to-hmrc-guidance/ Thu, 26 Jun 2025 14:45:20 +0000 Oliver Walker Stuart Pibworth Anna Ritchie https://tax.weil.com/?p=2535 On 13 June 2025, HM Revenue and Customs (“HMRC”) published a Revenue and Customs Brief (the “Brief”) which sets out HMRC’s position on the VAT exemption for fundraising events following the Upper Tribunal (“UT”|) judgment in The Commissioners for HM Revenue and Customs v Yorkshire Agricultural Society [2025] UKUT 00004 (TCC). Background Under UK VAT

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]]> On 13 June 2025, HM Revenue and Customs (“HMRC”) published a Revenue and Customs Brief (the “Brief”) which sets out HMRC’s position on the VAT exemption for fundraising events following the Upper Tribunal (“UT”|) judgment in The Commissioners for HM Revenue and Customs v Yorkshire Agricultural Society [2025] UKUT 00004 (TCC). Background Under UK VAT

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]]> No guarantees: UK corporation and withholding tax complexities of guarantees https://tax.weil.com/insights/no-guarantees-uk-corporation-and-withholding-tax-complexities-of-guarantees/ Fri, 20 Jun 2025 11:04:36 +0000 Stuart Pibworth https://tax.weil.com/?p=2518 This article first appeared in the June 2025 issue of the Journal of International Banking & Financial Law The UK corporation and withholding tax treatment of guarantee arrangements and related payments is complex. Once the legal nature of the various guarantee relationships is understood, the UK tax analysis can be applied. However, even then difficulties

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]]> This article first appeared in the June 2025 issue of the Journal of International Banking & Financial Law The UK corporation and withholding tax treatment of guarantee arrangements and related payments is complex. Once the legal nature of the various guarantee relationships is understood, the UK tax analysis can be applied. However, even then difficulties

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]]> Tax in Distressed Situations https://tax.weil.com/latest-thinking/tax-in-distressed-situations/ Thu, 13 Feb 2025 16:42:36 +0000 Devon Bodoh Joseph Pari Edouard de Lamy Stuart Pibworth https://tax.weil.com/?p=2447 Weil has launched the new Tax in Distressed Situations microsite, created in collaboration with Loyens & Loeff. Together with our global Tax teams, we have published seven jurisdictional guides on the topic. A company that is struggling to meet its debt obligations may be weighing up the different options to service, refinance, or restructure its

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]]> Daisy Boo, no EIS for you https://tax.weil.com/insights/daisy-boo-no-eis-for-you/ Mon, 10 Feb 2025 16:21:32 +0000 Oliver Walker Stuart Pibworth Erica Rees https://tax.weil.com/?p=2444 In Hoopla Animation Ltd (formerly known as Daisy Boo and Monkey Too Ltd) v HMRC [2025] UKUT 28 (TCC), the latest decision regarding Enterprise Investment Scheme (EIS) requirements, the Upper Tribunal (UT) has upheld the First-tier Tribunal’s (FTT) decision that HMRC were correct to deny EIS relief in relation to shares issued by Hoopla. The

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]]> In Hoopla Animation Ltd (formerly known as Daisy Boo and Monkey Too Ltd) v HMRC [2025] UKUT 28 (TCC), the latest decision regarding Enterprise Investment Scheme (EIS) requirements, the Upper Tribunal (UT) has upheld the First-tier Tribunal’s (FTT) decision that HMRC were correct to deny EIS relief in relation to shares issued by Hoopla. The

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]]> The enterprise investment scheme: current state of play https://tax.weil.com/insights/the-enterprise-investment-scheme-current-state-of-play/ Thu, 28 Nov 2024 13:06:24 +0000 Oliver Walker Stuart Pibworth https://tax.weil.com/?p=2389 This article first appeared in the December 2024 issue of PLC Magazine https://uk.practicallaw.thomsonreuters.com/Browse/Home/Resources/PLCMagazine Investment in business has seldom been more topical. The new government has made clear its intention to restore economic growth, signalled by its inaugural International Investment Summit that took place in October 2024. The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment

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]]> This article first appeared in the December 2024 issue of PLC Magazine https://uk.practicallaw.thomsonreuters.com/Browse/Home/Resources/PLCMagazine Investment in business has seldom been more topical. The new government has made clear its intention to restore economic growth, signalled by its inaugural International Investment Summit that took place in October 2024. The Enterprise Investment Scheme (EIS) and Seed Enterprise Investment

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]]> Trading Places: Is your trading company “open for business”? https://tax.weil.com/insights/trading-places-is-your-trading-company-open-for-business/ Mon, 14 Oct 2024 16:19:30 +0000 Oliver Walker Stuart Pibworth https://tax.weil.com/?p=2328 The Enterprise Investment Scheme (“EIS”) is designed to encourage investment in certain early stage UK businesses by offering individual investors both income tax and capital gains tax reliefs. Another, similar scheme – the Seed Enterprise Investment Scheme (“SEIS”) – is targeted at encouraging investment in start-up businesses. Given the potential to attract greater investment as a

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]]> The Enterprise Investment Scheme (“EIS”) is designed to encourage investment in certain early stage UK businesses by offering individual investors both income tax and capital gains tax reliefs. Another, similar scheme – the Seed Enterprise Investment Scheme (“SEIS”) – is targeted at encouraging investment in start-up businesses. Given the potential to attract greater investment as a

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]]> UK tax on granting options: when is an option not an option? https://tax.weil.com/insights/uk-tax-on-granting-options-when-is-an-option-not-an-option/ Thu, 16 May 2024 13:21:47 +0000 Stuart Pibworth https://tax.weil.com/?p=2206 It can often come as a surprise that granting an option can trigger a UK tax charge for a UK grantor. “But how?”, is often the question. A quirky provision of the UK tax code (section 144, Taxation of Chargeable Gains Act 1992 (“section 144”)) results in a grantor being treated as having disposed of

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]]> It can often come as a surprise that granting an option can trigger a UK tax charge for a UK grantor. “But how?”, is often the question. A quirky provision of the UK tax code (section 144, Taxation of Chargeable Gains Act 1992 (“section 144”)) results in a grantor being treated as having disposed of

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]]> Debt restructurings: Lux, Dutch and UK tax perspectives https://tax.weil.com/insights/debt-restructurings-lux-dutch-and-uk-tax-perspectives/ Wed, 15 May 2024 09:11:36 +0000 Stuart Pibworth https://tax.weil.com/?p=2200 Given the current macroeconomic environment, companies may struggle servicing debt or refinancing debt upon maturity, necessitating a restructuring of the debt and/or group as well as potential enforcement by creditors. It is important that the tax impact of debt restructurings is not overlooked otherwise there could be adverse tax implications, including tax leakage, the loss

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]]> Given the current macroeconomic environment, companies may struggle servicing debt or refinancing debt upon maturity, necessitating a restructuring of the debt and/or group as well as potential enforcement by creditors. It is important that the tax impact of debt restructurings is not overlooked otherwise there could be adverse tax implications, including tax leakage, the loss

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