Tax and Financial Planning

• Tax Penalties Avoided for Those Affected by IT Glitch

  • Posted21 April 2017

  With HM Revenue and Customs (HMRC) pressing ahead with plans to make ‘customers’ deal with them only digitally, it is good to see that when a system issue with the...

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• Woman Aged 96 Wins £223,000 for Negligent Investment Advice

  • Posted6 April 2017

  The complexities of financial advice can be bamboozling, particularly for the elderly, but one High Court case – in which a 96-year-old woman won more than £220,000 in damages in...

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• Tax Evasion Assistance – Changes in the Law

  • Posted24 March 2017

  New rules which came into effect on 1 January 2017 will see professionals who deliberately aid clients to evade (not avoid, which is legal) tax saddled with penalties of the...

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• Where is a Taxpayer ‘Ordinarily Resident’?

  • Posted9 March 2017

  The answer to the vital question of whether a taxpayer is ‘ordinarily resident’ in the UK depends on many factors. In one such case, a billionaire businessman received an £84...

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• Investment Opportunity? Take Advice First

  • Posted27 February 2017

  Promises of generous returns on backing novel products can be awfully tempting for investors, but such investments should only be undertaken with the benefit of professional advice. In one case...

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• Reliance on Accountant’s Advice Prevents Penalty

  • Posted16 February 2017

  When a man inherited a property, he and his wife rented it out and later put it on the market for sale. In May 2010, they exchanged contracts for sale....

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