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Shoosmiths LLP

APEX PLAZA, FORBURY ROAD, READING, RG1 1SH, ENGLAND
Tel:
Work 03700 868800
Fax:
Fax 03700 868801
DX:
117879 (APEX PLAZA)
Email:
Web:
www.shoosmiths.co.uk

Tom Wilde

Tel:
Work 0370 086 8713
Email:
Shoosmiths LLP

Work Department

Corporate / Tax

Position

Tom is a pattner in the tax department, advising clients nationally on areas such as structuring investments and exits for investors, management teams and investee companies, with a particular focus on EIS and VCT issues. Tom also has wide experience of advising companies, partnerships and individuals on both one-off business transactions and on-going compliance, including tax advice on corporate and property transactions, VAT and SDLT planning, corporation tax, income tax, capital gains tax, national insurance and the construction industry scheme. Tom regularly implements tax efficient employee remuneration and termination packages, including share option schemes and employee benefit trusts as well as negotiating with HMRC on both contentious and non-contentious matters. His recent project experience includes: advising a VCT on how to restructure an investment in a way which would ensure continued compliance with the VCT regime whilst securing the future of the investee company. This was a complex restructure involving negotiating with HMRC; advising on an EIS-qualifying investment into an overseas multi-national group of companies; advising the management team on the sale of a group of companies to private equity; obtaining a VAT clearance from HMRC for a large corporate client, thereby mitigating a large VAT liability; advising a charity on a tax efficient structure for purchasing and renovating a new building.

Career

Trained Linklaters, qualified 2006; partner 2015. Tom trained at Linklaters and qualified into their tax department in 2006. Tom joined Shoosmiths in 2007 and qualified as a Chartered Tax Adviser in 2009. Tom became an Associate in 2010, a senior associate in 2013 and was made partner in 2015.

Member

Chartered Institute of Taxation.

Education

Downing College, Cambridge; Nottingham Law School.

Leisure

Member and trustee of Emmanuel Church, Oxford; music: playing piano and saxophone; watching (and playing poorly) sport.


London: Corporate and commercial

Venture capital

Within: Venture capital

Shoosmiths LLP provides an 'excellent service' to an investor-focused client base, from early stage investment through to late stage funding. Praised for its 'customer focus and sound advice', the team, headed by the 'very approachable' Alistair Peet, handles a raft of work for Octopus Ventures, including advising it on a $26m investment into cyber security firm Digital Shadows. Steve Barnett 's arrival from Orrick, Herrington & Sutcliffe (Europe) LLP has enhanced the firm's capability in relation to investee-side work; he recently acted for Winnow Holdings on its recent $7.4m funding round. Reading-based tax partner Tom Wilde  provides tax structuring advice on VCT and Enterprise Initiative Scheme (EIS) investments.

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South East: Corporate and commercial

Corporate tax

Within: Corporate tax

Shoosmiths LLP fields a tax team from its Reading office that is praised for its 'excellent response times and commercial knowledge', with practice head Tom Wilde singled out for his 'pragmatic and commercial approach, without compromising on the legals and technicalities'. The team advises investors and investee companies on enterprise investment schemes and venture capital trust (VCT) compliant investments.  On the transactional front, Wilde advised Octopus Investments on its venture capital investment into US cybersecurity firm, Digital Shadows, which involved structuring the investment to ensure it was VCT compliant, as well as obtaining advance assurance from HMRC. The firm also has a dedicated real estate tax practice headed by Daniel Kennedy (who 'delivers complex advice in a pragmatic and understandable way' and whose 'knowledge of the commercial angles enables him to tailor advice accordingly'). Kennedy acted alongside associate Sara Mardell for Allied London on its sale to Schroders of units in the vehicle which owns the No.1  Spinningfields development in Manchester; this involved advising on the tax implication of the pre-transaction reorganisation to enable the property to be sold out of the wider development, and the subsequent tax aspects of the unit sale transaction.

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