Hilary Barclay

Hilary is a partner in the corporate tax team at Burges Salmon LLP. She has considerable experience of a broad range of corporate tax matters and has particular expertise in corporate and financing transactions, reorganisations and group tax advice. Hilary is a member of the City of London Law Society's Revenue Law Committee and the International Bar Association (including the IBA Taxes Committee).

Practice Area

Panel

  • Consulting Editorial Board

1 Contributions by Hilary Barclay

Does the proposed EU FTT apply to UK businesses post‑Brexit?
Q&As
Does the proposed EU FTT apply to UK businesses post‑Brexit?
There are two lines of reasoning for how Brexit could shield the UK from the Financial Transactions Tax (FTT) plans. The first is a policy-based case: the EU states that remain may shy away from a levy that would divert activity from the bloc towards a nimbler, post-Brexit UK, and so abandon the plans. The second, a narrower technical case, is that UK firms would fall outside the FTT once the UK is outside the EU. At present, neither case is especially strong, though the policy rationale appears the more persuasive of the pair to date overall...
Tax
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