Janette Burns | Partner

 
 
 
 
Department:
Tax 


Professional Qualifications: 
  • 1996: Associate of the Institute of Chartered Accountants in Ireland 
  • 1998: Associate of the Chartered Institute of Taxation 
  • 2007: Fellow of the Institute of Chartered Accountants in Ireland 
  • 2008: Admitted as Member of the Society of Trust and Estate Practitioners 
  
                                              
Background
 
  • June 1992: Graduated from Queens University Belfast with 2.1 BSC (Hons) in Accounting
  • June 1993: Post graduate Diploma in Accounting at Queens University Belfast
  • Sept 1993: Joined the Belfast office of the international Chartered Accountants KPMG as trainee Chartered Accountant.
  • Sept 1995: Seconded to Dublin Office of KPMG for 6 months as supervising senior on the statutory audit of an Irish international bank.
  • Nov 1995: Passed Final Admitting Exam of the Institute of Chartered Accountants in Ireland.
  • April 1996: Joined the Corporate Tax Department of Belfast office of KPMG.
  • July 1997: Seconded to Dublin headquarters of French bank, Credit Lyonnais.
  • March 1998: Joined Belfast office of BDO Stoy Hayward Chartered Accountants.
  • May 1998: Passed Chartered Tax exams and admitted as an Associate of the Chartered Institute of Taxation.
  • Aug 2004: Joined FPM as Senior Tax Consultant
  • April 2005: Appointed Tax Director with FPM.
  • Jan 2007: Admitted as a Fellow of the Institute of Chartered Accountants in Ireland.
  • April 2007: Promoted to Tax Partner in FPM.
  • Sept 2008: Admitted as a member of the Society of Trust and Estate Practitioners.
 

Other
  • Member of Board Of Governors of Ashgrove Nursery School, Newry.
  • Member of Board of Governors of St. Ronan’s Primary School, Newry.
  • Treasurer of St. Ronan’s Parents Association.
  • Member of Dromore Diocese Finance Council.
  • Writer for the Irish News regional newspaper weekly business section.
 
 
Relevant Experience 
 
UK Corporate Taxation:
  • Operational responsibility for the corporate tax compliance of FPM clients;
  • Advising clients of their liability under Corporation Tax self assessment and preparation and submission of corporate tax returns;
  • Year end corporate tax planning – Identifying tax planning opportunities for corporate/ personal tax clients;
  • Group corporate tax planning and corporate cross border tax planning;
  • Preparing forecasts and advising on the quarterly corporation tax payment regime;
  • Negotiating/ corresponding with the Inspector in respect of  corporate tax enquiries/ investigations
 
Irish Corporate Tax Compliance and Consultancy:
  • Cross Border Tax Consultancy Advisor;
  • Advising on the establishment of presence in Ireland for UK businesses.
 
Corporate Tax Consulting:
  • Corporate Restructuring;
  • Advising on the tax efficient extraction of funds from family companies;
  • Advising on Purchase Of Own Shares and agreeing relevant clearances with Inland Revenue;
  • Capital Allowances projects and reporting on available allowances to Inspector of Taxes
  • Reporting and advising clients on tax relief available under the Enterprise Investment Scheme and Venture Capital Trust.
  • Advising clients on Stamp Duty issues.
  • Property tax Planning.
  • Advising companies on their company car policy.
  • Preparing share valuations for corporate tranasactions.
  • Advising on all aspects of the Restricted Securities Legislation.

 

Employee Remuneration Planning:

  • Significant expertise in share participation planning for companies.
  • Advising companies on the feasibility and implementation of unapproved and approved share schemes.
  • Advising international clients on the tax implications of flotation for resident and non-resident employee option holders.
  • Corporate share incentive planning.
  • Presenting employee communication workshops
  • Advising clients on all aspects of the Enterprise Management Incentive Scheme.

 

Inheritance Tax

  • Advise clients with regard to inheritance tax planning and drafting effective wills.

 

Corporate Reorganisations:

  • Incorporation of new companies for both Northern Ireland and the South of Ireland.
  • Advising corporate entities wishing to establish a presence outside Northern Ireland.
  • Management buy-outs.
  • Advising on group reorganisations.
  • Obtaining advance clearance from Inland Revenue on company reorganisations.
  • Due diligence reporting.

 

Share Valuations:

  • Significant experience negotiatiing with share valuations division of HMRC in establishing share valuation models.
  • Preparation of share valuations for Capital Gains Tax/Inheritance Tax and Share Scheme Planning.

 

International:

  • Advising clients with regard to transfer pricing issues.
  • Advising on controlled foreign company legislation.
  • Advising on establish of share participation plans for non uk residents.