Tax and Financial Planning

• HMRC Forced to Match Repayment With Earnings

  • Posted2 January 2015

  When an employee who left his employer prematurely was forced to repay part of a bonus he had been awarded, the refusal of HM Revenue and Customs (HMRC) to regard...

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• PRR Changes – Watch Out

  • Posted19 December 2014

  The changes to the ‘deemed occupation’ period for the granting of private residence relief (PRR) have been well reported and apply to exchanges of contracts on residential properties after 5...

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• Disabled Negligence Victim Entitled to Free State Care

  • Posted5 December 2014

  In an important ruling, the High Court has lifted the threat of compensation payouts awarded to severely disabled victims of negligence being whittled away by the costs of local authority...

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• Council Replaces ‘Aggressive’ Niece as Attorney

  • Posted21 November 2014

  In a recent judgment delivered by the Court of Protection, a local council was successful in wresting control over an old man’s finances from a family member. The 91-year-old...

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• HMRC Moves Remittance Basis Goalposts

  • Posted5 November 2014

  Expats sometimes arrange for offshore income or gains to be used as collateral for a loan, which can make funds available in the UK which would otherwise not be. Accordingly,...

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• Power of Attorney Cancelled After Court Challenge

  • Posted24 October 2014

  When the holder of a Lasting Power of Attorney (LPA) does not act in the best interests of the person who created the power, an application may be made to...

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