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Femi Ogunshakin

Femi Ogunshakin

Partner

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Expertise

Femi is a rare breed professional; a tax auditor, tax accountant and latterly a solicitor. His mixed experience within the tax sector makes him a highly sought-after solicitor advising SMEs across the breadth of the country. He can advise clients on tax, employment, company, insolvency and public law issues.

Experience Highlights

  • Defended solvent client against winding up petition issued by HMRC on disputed corporation tax debt;
  • Negotiated liquidator’s claim from directors of the insolvent company reducing exposure from £1.5m to £100k;
  • Successfully represented clients at regulatory disciplinary hearings on breach of industry code of conduct;
  • Registered client’s foreign judgment in High court enabling enforcement of £5m judgment in the UK;
  • Successfully represented minority shareholder client in a ‘substantial prejudice’ dispute company matter;
  • Achieved substantial SDLT savings for client on transactions involving multiple property transactions;
  • Identified and plugged a £10m exposure to employment taxes following a health check of the client’s processes;
  • Defended client against high court injunction on breach of employment restrictive covenant;
  • Negotiated £250k settlement agreement for a senior executive in a pre-tribunal employment dispute;
  • Successfully recovered £500k in VAT refunds due following misapplication of agent v principle rules;
  • Represented client in Court of Appeal employment matter on status of the worker in private hire industry;
  • Advised high net worth client on tax implications of relocating to the UK preserving Domicile status;
  • Provided advice on tax warranties and indemnities advice on £50m sale of the business on an M&A transaction

Career History

  • Consultant Solicitor Nexa Law 2018 – Present
  • Consultant Solicitor Mayflower Solicitors 2011 - 2018
  • Consultant Solicitor Augustine Clement Solicitors 2011 – 2017
  • Senior Tax Consultant Mercury Tax Group Ltd 2008 – 2009
  • Senior Tax Manager Barclays Plc 2003 –2008
  • Senior Tax Manager United Biscuits 2001 – 2002
  • Tax Manager Grant Thornton, London: 2000 – 2001
  • Senior Tax Assistant Deloitte & Touche, London 1998 – 2000
  • Tax Assistant KPMG, London 1997 – 1998
  • Tax Inspector HM Revenue & Customs 1988 – 1996

Education

  • Kaplan Law School, Professional Skills Course (2011)
  • The University of Leicester, LL.M (2007)
  • London Metropolitan University, Post Graduate Diploma in Legal Practice (2000)
  • South Bank University, Post Graduate Diploma in Law (1996)
  • Obafemi Awolowo University, Nigeria, BA (Hons), Philosophy (1986)

Professional Membership

  • Member of the Law Society of England and Wales
  • Member of Liverpool Law Society
  • Member of the Employment Lawyers Association