About

Leigh Sayliss is a versatile tax lawyer advising clients on property, commercial, and employment taxes in particular.  Leigh always brings commercial understanding to transactions. He is the Head of Business and Property Taxes group.

Leigh advises on all areas of taxation that are relevant to the corporate/business sector. His considerable experience covers advising on real estate acquisition and development tax issues, employment tax, and VAT.

He regularly advises on the tax components to corporate M&A, private equity, and funding issues including management incentives, share schemes, and venture capital investments. 

In addition to advising on tax structuring, Leigh works with his clients' accountants and other advisers to ensure their planning is correctly implemented. He provides the bridge between the technical requirements of the proposed arrangements and the legal drafting. 

His experience and understanding of the commercial environment means he always takes a practical approach to his work. Leigh looks for constructive solutions for his clients, helping them to achieve their objectives in the most pragmatic way.

Leigh is a member of the Chartered Institute of Taxation (CIOT) Property Taxes Sub-Committee. He is part of the HMRC SDLT Working Together Steering Group, working with HMRC and HM Treasury to improve the SDLT regime. And he is also a member of the Stamp Taxes Practitioners’ Group and the Law Society's Stamp Taxes Working Group.

Leigh is editor of the property sections of the reference work "Monroe & Nock on the Law of Stamp Duties."

Leigh is also a Member of the Institution of Engineering & Technology and a Chartered Engineer.

Recent work
  • Advice on VAT, Stamp Duty Land Tax, Construction Industry Scheme and other tax issues on the acquisition of residential and commercial properties, including properties for development and residential conversion or renovation.
  • Advising on the restructuring of employee incentives on the sale of a £10m company - the unusual sale structure disqualified EMI Options granted to key employees so alternative arrangements were designed to give the employees equivalent incentives at minimal additional cost.
  • Advice on multiple corporate M&As, acting for sellers and for buyers, including structuring of efficient earn-outs.
  • Advising on, and implementing, employee incentive arrangements ranging from EMI Share Options with performance conditions to more sophisticated arrangements such as customised phantom share plans.
  • Advice on Annual Tax on Enveloped Dwellings and capital gains tax for non-UK resident owners of high value residential property.
  • Applications to HMRC for non-statutory business clearances.
Accolades
Leigh is the editor of the property sections of "Monroe & Nock on the Law of Stamp Duties"
Did you know
Leigh has been granted patents in the UK and US and has also had a painting exhibited at the Tate Gallery.

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