Tax and Financial Planning

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...

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...

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...

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...

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,...

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...

The 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...

Getting 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...

The 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...

Yet 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...