Profile description
The legal directories say the following about Andrew Thornhill KC:
- “He’s a go-to member of the Bar particularly in relation to the tax implications of employment structures.” (2020)
- “His technical knowledge and breadth of experience is matched only by his commercial awareness.” (2019)
- “Very user-friendly. He’s got a very in-depth knowledge of his subject and is very creative.” (2019)
Recent instructions have seen Andrew advising in relation to the following:
- Extracting money or value from EBTs where loans have been repaid.
- The uses of Pre-A Day FURBS.
- Setting aside Baxendale-Walker Remuneration Trusts.
- Structuring land development within the UK.
- Dealing with enablers’ notices.
- Establishing bridgeheads into Europe pre-Brexit.
- Unapproved pension arrangements.
- Incorporating businesses and s.162 TCGA 1992.
- IHT planning involving the purchase of interests in offshore trusts or payment to a third party to satisfy an enforceable obligation to pay a legacy.
- Improper influences brought to bear on expert witnesses.
- Exit arrangements for film schemes where originally the scheme was thought to involve a trade but was subsequently found not to involve a trade.
- The application of the Rangers decision to other cases involving loans to employees.
Notwithstanding all recent encroachments there is still, in my view, plenty of room for effective tax planning. Our chambers policy is to welcome constructive discussions with practitioners and to concentrate on only charging clients when a solution is found. We welcome exchanges of view!
