National law firm Shoosmiths was 'highly commended' in the legal or regulatory adviser category of the Enterprise Investment Scheme Association (EISA) Awards.
Presented at the House of Lords, the awards celebrate excellence in a number of related fields with firms, advisers, individuals and journalists being recognised for their outstanding performance in the context of EIS/SEIS schemes during 2016.
Shoosmiths was 'highly commended' for its work in promoting the industry through speaking at key investor events and thought leadership and active involvement in technical aspects of EIS/SEIS advice.
Shoosmiths provides both EIS/SEIS tax and corporate advice to all types of investors and investee companies including how to structure and implement EIS/SEIS-qualifying investments, reorganisations and exits from both a corporate and a tax perspective; obtaining advance assurances from HMRC in relation to proposed investments; negotiating investment documents; and submitting responses to consultation documents to HMRC and HM Treasury on proposed changes to EIS/SEIS legislation.
Tom Wilde, tax partner and head of the VCT, EIS and SEIS practice at Shoosmiths, commented: 'It is fantastic to receive recognition from the leading industry awards for the market-leading EIS/SEIS advice that we provide for our clients here at Shoosmiths.
'Tax law is complex and constantly changing and through our membership of various professional bodies we are closely involved in anticipating, monitoring and shaping the changes. We are continuing to invest in expertise to ensure we provide our clients with the most suitable advice for their business and look forward to the numerous opportunities this ever evolving area makes available.'
As well as providing market-leading EIS, SEIS and VCT advice, Shoosmiths' tax team advises a wide range of clients nationally on a variety of issues that include advising on private equity investments and trade acquisitions and disposals, structuring all types of real estate transactions (both residential and commercial) and the implementation of various employee incentive schemes, including a wide range of share options.