Wife Entitled to Maintenance Until Sale of Family Home
When divorcing couples disagree on how assets should be divided, the courts will seek to arrive at a fair outcome for both parties. In deciding how the proceeds of sale...
Continue readingExpats 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,...
Continue readingWhen 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...
Continue readingThe owner of a listed home has avoided a hefty VAT bill in respect of the construction of a garage to house his classic car collection after the First-tier Tribunal...
Continue readingGetting divorced is never a pleasant experience and couples going through the process have a lot to think about. Whilst management of the tax consequences of the split is not...
Continue readingThe new regime that will apply to pensions from April 2015 was the chief surprise in this year’s Budget. Under the old tax rules applying to pensions, an individual...
Continue readingYet another attempt by HM Revenue and Customs (HMRC) to persuade the court that a gift of a property from parent to child should be a ‘gift with reservation of...
Continue readingBeing able one day to pass on one’s property to one’s children is a common wish for many parents, but the need to have a suitable place to live as...
Continue readingWhen the seller of a property allowed the purchaser to start the groundworks for developing it prior to the exchange of contracts for sale, she would not have expected HM...
Continue readingWhen a couple entered into an artificial tax-saving scheme which subsequently failed, they placed the blame firmly at the door of the Isle of Man tax consultancy that had advised...
Continue readingWhen a couple received negligent advice from a firm of financial advisers, they complained to the Financial Ombudsman Service (FOS). The ombudsman ruled in their favour and ordered that compensation...
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