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Stephenson Harwood

Living Wage
1 FINSBURY CIRCUS, LONDON, EC2M 7SH, ENGLAND
Tel:
Work 020 7329 4422
Fax:
Fax 020 7329 7100
DX:
64 LONDON CHANCERY LANE WC2
Email:
Web:
www.shlegal.com
Beijing, Dubai, Hong Kong, London, Paris, Piraeus and 4 more

Hugo Jenney

Tel:
Work 020 7809 2186
Email:
Stephenson Harwood

Work Department

Corporate

Position

Heading the firm's tax team for the last 15 years, Hugo is a corporate tax lawyer with significant experience of tax-based structured finance and handling high value tax settlements and litigation. He is a leading tax advisor to shipping, aircraft and rail companies but also advises real estate and investment funds and high net worth families.

Hugo is one of the leading tax advisors to the transport sector having advised the firm's transport and finance client base for many years. During that time he established himself as one of the few authorities on tonnage tax and has advised on more tax-based leases than virtually any other advisor. He also advises on tax structuring of international shipping groups and is an expert on VAT, including on yachts and jets.

Hugo has advised extensively on structuring inward investment into UK real estate. He is a member of the Law Society Stamp Duty Committee and the VAT Practitioners Group.

Through advising owners of various transport-related, real estate and investment funds businesses, Hugo has developed an expertise in advising on asset-holding structures for tax, succession planning and asset protection purposes. This has also involved advising on foreign domiciliary structures and private equity/hedge fund remuneration structures.

Hugo particularly enjoys handling tax enquiries and disputes with HMRC. The most significant enquiries involve very large amounts of tax and require the approval of the HMRC Board and Tax Assurance Commissioner.


London: Corporate and commercial

Corporate tax

Within: Leading individuals

Hugo Jenney - Stephenson Harwood

Within: Corporate tax

Stephenson Harwood is most noted for its funds, asset and transport sector expertise, where the team stands out for having 'a deep knowledge of the subject matter'. It also has an active general corporate tax and real estate practice, alongside a growing offering of private equity tax services. Hugo Jenney heads the group and is currently advising Transport for London on tax aspects of the Crossrail development, and related structuring issues. John Meehan advised HC-One on a major acquisition of care homes from Bupa; and on Schroder UK Real Estate Fund's £44m investment in five self-storage facilities and related businesses. In another highlight, Maryanna Sharrock assisted Hong Kong-based SEA Holdings with its £258m acquisition of a corporate structure that owns 33 Old Broad Street, which included advise on tax provisions in the share sale documentation. Senior associate Kate Worthington is also recommended for her vast expertise in the real estate sector.

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VAT and indirect tax

Within: VAT and indirect tax

Stephenson Harwood's indirect tax team is integral to the firm's wider transactional practice, and predominantly handles VAT, SDLT and stamp duty matters that arise out of real estate, leasing, asset finance and transportation. The firm has also developed a niche in bespoke VAT and customs duty advice concerning shipping, aviation and fine art. Hugo Jenney leads the team and has expertise in tonnage tax and air passenger duty. In addition to transactional and advisory work, 'very good' Maryanna Sharrock is also experienced in VAT disputes. John Meehan and senior associate Kate Worthington provided sector-specific VAT advice to HC-One in relation to its £300m acquisition of care homes from Bupa.

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London: Private client

Personal tax, trusts and probate

Within: Personal tax, trusts and probate

Stephenson Harwood¬†has a ‚Äėstrong client focused team that wants to clearly understand each client‚Äôs situation so that it can identify the best solution for that client‚Äô. The ‚Äėexperienced‚Äô James Quarmby¬†has ‚Äėexcellent technical knowledge which shines through and he can dissect difficult subjects into a more comprehensible format for clients. He is a very much in your corner regardless of the risk or complexity‚Äô. Newly promoted partner Emily Osborne¬†is ‚Äėvery much in demand. She is extremely knowledgeable and provides succinct advice. She is an excellent choice for extremely complex cross-border matters‚Äô. Associate¬†Alice Vink¬† is a ‚Äėreal rising star and is partner material. She is also knowledgeable and personable. She is well able to give very practical advice even when under pressure‚Äô. The team acts for UNHWI individuals and family offices internationally. Hugo Jenney¬†is another known name and heads up the firm‚Äôs ‚Äėfamily office‚Äô team specialising in advising ultra-wealthy international families. The team is praised for ‚Äėresponding at all hours and is available at short notice which makes it an ideal team for our more entrepreneurial clients where time is of the essence‚Äô.

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