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Sara Stewart
Sara Stewart
Counsel — Tax
Counsel — Tax

Sara Stewart

Sara Stewart
London

20 Fenchurch Street
24th Floor
London EC3M 3BY
United Kingdom

Sara Stewart
  • TSB Banking Group in relation to its £1.3 billion IPO and listing on the London Stock Exchange

  • Lloyds Banking Group on the sale of Scottish Widows Investment Partnership Group Limited to Aberdeen Asset Management plc

  • One of the world’s largest education companies on the sale of a 50% interest in a company

  • A leading UK public transport provider on its bid to operate a UK rail franchise

  • An insurer in relation to the sale of a portfolio of real estate assets

  • An overseas investment entity on the acquisition of a building in Canary Wharf in the UK for £1.175 billion

  • An Australian listed company on the acquisition of an online clothing retailer

  • A UK Plc on the acquisition of a leading UK provider of distribution services

  • A financial services company in its role as financial advisor to a leading insurance company on its £178 million return of capital

  • A leading private equity firm in relation to the sale and acquisition of corporate entities holding real estate assets

  • The underwriters on a $348 million initial public offering of global depositary receipts on the London Stock Exchange

  • Various managers of pension funds and employers who provide defined benefit pension schemes to their employees in relation to the impact of CJEU judgment in PPG Holdings BV C-26/12 and the subsequent HMRC Business Briefs on the ability of employer’s to deduct input VAT paid on services

  • TSB Banking Group plc on the issue of £385 million fixed/floating rate subordinated tier 2 notes

Credentials

  • BPP Law School, London, LPC, 2002
  • BPP Law School, London, GDL, 2001
  • University of Cambridge, England, M.A., Modern & Medieval Languages – German & Russian, 2000
  • Admitted to practice as a Solicitor of the Senior Courts of England and Wales
  • Legal 500 UK, Corporate Tax, 2012 – “focused, technically thorough and hardworking”
  • Legal 500: UK, Corporate and Commercial, Corporate Tax, 2017
  • Member: United Kingdom Oil Industry Tax Committee
  • Member: International Fiscal Association, UK branch 
  • German (fluent), Hungarian (fluent) and Russian (working knowledge)
  • “Special Purpose Share Schemes,” Tolley’s Company Secretary’s Review, 11 February 2015
  • “Unpicking the Finance Bill 2015 – blocking B share schemes,” Lexis PSL, 20 January 2015
  • “Company Reorganisations,” Tolley’s Tax Planning, Summer 2014 and Summer 2013
  • “Portfolio Transfers and Solvent Schemes of Arrangement,” A Practitioner’s Guide to the Regulation of Insurance, February 2014
  • “Intra-Group Reorganisations,” Tax Journal, December 2013
  • “UK proposals regarding the taxation of corporate debt and derivative contracts – modernisation or greater uncertainty?,” Butterworths Journal of International Banking and Finance Law, November 2013
  • “Examining HMRC’s GAAR Guidance,” Tax Journal, 26 April 2013