Contact details

Hugo Jenney

T: +44 20 7809 2186 M: +44 7917 058 472 Email Hugo | vCard Office: London

Hugo Jenney Consultant

Contact details

Hugo Jenney

Hugo Jenney
Consultant

T: +44 20 7809 2186 M: +44 7917 058 472 Email Hugo | vCard Office: London

Hugo advises on corporate tax and private wealth structuring. He headed the firm's tax practice until 2020.
  • Profile
  • Services
  • Sectors

Hugo has frequently advised clients in the real estate, funds and transportation sector and has significant experience of tax-based structured finance, contentious tax, VAT and tonnage tax. He also provides personal tax planning and offshore structuring advice for high net worth individuals.

He has been recommended in Chambers UK for over 15 years and is in the Legal 500 Hall of Fame.

  • Tax
  • Real estate
  • Private wealth
  • Marine and international trade
  • Finance
  • Dispute resolution

Shipping group structures

Advised on the optimum ownership and financing structure for their UK shipping operations and how to structure UK tonnage tax groups.

Langham Estate, real estate refinancing and group restructuring

Advised the real estate owner on the £540 million refinancing of this portfolio.

Hedge fund manager, profit extraction

Advising on the creation of a "tax-free" offshore structure for a UK resident national and the subsequent exit-planning.

High net worth client, succession and tax planning

Advising an ultra-high net worth client over a 10 year period on succession structures, residence and real estate tax planning.

Client family, establishing an English and Hong Kong charity and $100 million+ charitable donation

Advising on the establishment of the charities, tax relief aspects and the donation agreement.

Various clients, tax enquiries and tax disclosures

Advising in relation to HMRC enquiries, whether on technical points or involving allegations of fraud.

Advising clients on the disclosure to the UK tax authorities of undisclosed assets and the relative merits of the Liechtenstein disclosure facility and other disclosure opportunities.

More: Tax

Hugo has advised clients such as Accor Hotels, Greenwich University, LaSalle Investment Management and the Langham Estate.

The Langham Estate, £540 million refinancing and restructuring

Advising this long-standing client on the refinancing and more generally on group structuring matters.

Real estate client, REITs

Advised on various REIT-related matters including a tender offer on the London Stock Exchange.

Helios PLC, group structuring

Advising this property group on various restructurings.

Real estate holding structures

Advising on structures for the holding of residential property subject to the new annual tax on enveloped dwellings; also advising on structures for commercial property investment and development.

More: Real estate

High net worth client, succession and tax planning

Advising an ultra-high net worth client over a 10 year period on succession structures, residence and real estate tax planning.

Client family, establishing an English and Hong Kong charity and $100 million + charitable donation

Advising on the establishment of the charities, tax relief aspects and the donation agreement.

Various Belgian and French nationals, international succession planning

Advising on the implications of becoming UK tax resident on their "continental style" tax structures, including consideration of usufruct and quasi-usufruct structures.

Various Russian and other individuals, tax on migration to UK

Advising on pre-arrival and post-arrival tax planning, immigration aspects and optimisation of tax treaty benefits.

Nigerian family, succession planning

Advising a high net worth Nigerian family on an offshore structure providing tax and asset protection.

Numerous clients, tax enquiries and tax disclosures

Advising in relation to HMRC enquiries, involving technical points and allegations of fraud.

Advising clients on the disclosure to the UK tax authorities of undisclosed assets and the relative merits of the Liechtenstein disclosure facility and other disclosure opportunities.

More: Private wealth

Various companies, tax leasing enquiries

Advised in relation to tax enquiries into various complex leasing structures involving very significant amounts of tax.

Various shipping companies, shipping group structures

Advised on the optimum ownership and financing structure for their UK shipping operations and how to structure UK tonnage tax groups.

Various shipping companies, lease exits/restructures

Advising on the restructuring of and exits from different types of tax-based leasing structure.

Various private individuals, VAT and yachts

Advised on the VAT implications of importing their yachts into the EU and the conditions for temporary importation relief and leasing structures.

More: Marine and international trade

UK bank, lease financing

Advising on the purchase of equipment and rights under an operating lease.

Macquarie Bank, receivables financing

Advising on the purchase of lease receivables in various European countries.

Canadian pension fund, lease receivables securitisation

Advising on the securitisation of lease receivables. Lombard, financings Giving tax advice and sign-off on various loan, lease and hire purchase financings.

Insurance company, leaseco purchase

Advising on the interim financing and subsequent acquisition of a bank subsidiary with a portfolio of tax-based rail depot leases.

Various banks and aircraft owners, VAT and aircraft

Advising on the implications of importing aircraft into the EU, availability of temporary importation relief and leasing structures.

More: Finance

Various clients, tax leasing enquiries

Advised in relation to tax enquiries into various complex leasing structures involving very significant amounts of tax.

Numerous clients, tax enquiries and tax disclosures

Advising in relation to HMRC enquiries, involving technical points and allegations of fraud.

Advising clients on the disclosure to the UK tax authorities of undisclosed assets and the relative merits of the Liechtenstein disclosure facility and other disclosure opportunities.

Metal trader and customs warehouse owner, VAT enquiries

Advising on HMRC information powers and the implications of unauthorised withdrawals from a warehouse.

More: Dispute resolution

  • Shipping
  • Real estate investors and developers
  • Funds and financial services
  • Banks and banking

Various companies, tax leasing enquiries

Advised in relation to tax enquiries into various complex leasing structures involving very significant amounts of tax.

Various shipping companies, shipping group structures

Advised on the optimum ownership and financing structure for their UK shipping operations and how to structure UK tonnage tax groups.

Various shipping companies, lease exits/restructures

Advising on the restructuring of and exits from different types of tax-based leasing structure.

Various private individuals, VAT and yachts

Advised on the VAT implications of importing their yachts into the EU and the conditions for temporary importation relief and leasing structures.

More: Shipping

The Langham Estate, £540 million refinancing and restructuring

Advising this long-standing client on the refinancing and more generally on group structuring matters.

Real estate client, REITs Advised on various REIT-related matters including a tender offer on the London Stock Exchange. Helios PLC, group structuring

Advising this property group on various restructurings.

Various clients, real estate holding structures

Advising on structures for the holding of residential property subject to the new annual tax on enveloped dwellings.

Advising on structures for commercial property investment and development.

More: Real estate investors and developers

Investor, social housing fund

Advised the main investor in a fund which focuses on providing social housing.

SQN Asset Finance Income Fund, initial capital raise

Advising on the launch of a new Guernsey-listed fund investing in US and UK equipment leasing and asset finance.

Shipowner client, launch of shipping fund

Advising on the structuring of a shipping fund.

Hedge fund manager, profit extraction

Advising on the creation of a "tax-free" offshore structure for a UK resident national and the subsequent exit-planning.

Non-domiciled UK resident manager, private equity

Advising on the structuring of a manager interest in a private equity fund using an offshore trust to maximise tax efficiency.

More: Funds and financial services

UK bank, lease financing

Advising on the purchase of equipment and rights under an operating lease.

Macquarie Bank, receivables financing

Advising on the purchase of lease receivables in various European countries.

Canadian pension fund, lease receivables securitisation

Advising on the securitisation of lease receivables. Lombard, financings Giving tax advice and sign-off on various loan, lease and hire purchase financings.

Insurance company, leaseco purchase

Advising on the interim financing and subsequent acquisition of a bank subsidiary with a portfolio of tax-based rail depot leases.

Various banks and aircraft owners, VAT and aircraft

Advising on the implications of importing aircraft into the EU, availability of temporary importation relief and leasing structures.

More: Banks and banking

print-footer
logo
© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.