technology


Telecommunications

Our Telecommunications group can provide organisations with expertise and advice on a range of services including corporate tax, restructuring, transaction services, mergers both private and public as well as acquisitions and raising equity capital.

We enjoy helping our clients achieve their financial and strategic objectives.  Our experience gives us an unrivalled understanding of transactions within this industry.  We have a dedicated team that can deliver superior value to our clients offering innovative idea-driven results.

Case Study

A small telecommunications company was owned by the manager and a passive investor had a large minority interest of 40%.

The business had developed and offered growth prospects for the future. The manager wanted to obtain complete control and the minority interest was happy to sell at a substantial profit. The company’s advisers were a small firm of accountants and had no experience nor understanding of the provisions for a company to buy it’s own shares.

Kingston Smith were asked to deal with the process of obtaining HMR&C acceptance that the transaction would be treated as capital.  This would enable the seller to obtain Taper Relief and enjoy a reduced rate of tax.

The process took a few weeks and both shareholders achieved their respective objectives.

Specialist Services offered:-