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Her Majesty Queen Elizabeth II 1926 - 2022

Portrait of Kathy Potter
Areas of expertise: Corporate tax, Corporate


Kathy is a partner in the Oxford office and head of the corporate tax team, advising on the tax position for corporate acquisitions and disposals, reorganisations and restructurings, and corporate finance. Her role includes assisting individuals on tax efficient investments, such as EIS and SEIS, and providing tax structuring advice for a planned exit including advising on the availability of Business Asset Disposal Relief. She also provides guidance to clients on the VAT and SDLT implications of property transactions, including advising on the Construction Industry Scheme (CIS).

A specialist in share incentives, with a particular focus on life sciences, technology and other high growth companies, Kathy is a member of life science network OBN’s Investment and Tax Special Interest Group. Her share incentive expertise includes tax-approved EMI and CSOP schemes, but she also regularly advises on option grants to NEDs and consultants, dealing with cross-border incentives, especially involving the US. 

Kathy has significant experience in the taxation of remuneration and termination packages, including IR35 issues, employee incentives, comprising both approved and unapproved share schemes, and advising on the tax issues surrounding issuing shares to employees and directors. She has also assisted in the Worked Example Group’s recent discussions with HMRC to agree a development company valuation example which now appears in HMRC’s Shares and Assets Valuation Manual.

Recent work highlights

  • Setting up a number of option schemes under the tax-approved EMI scheme, including a sub-plan for the UK subsidiary company of a US parent.
  • Representing a client during a VAT inspection where an issue was raised regarding the part disposal of a property from an LLP to retiring members of the LLP.
  • Providing VAT structuring advice to a client on their purchase and development of a large derelict building.

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority under number 419867.

Penningtons Manches Cooper LLP