22 October 2024
Extra time
Waqar Shah and Andy Norris analyse the latest decision of the Supreme Court in the case of Professional Game Match Officials Ltd, which has been referred back to the First-tier Tribunal.
3 October 2024
Settle Smart series part two: Tax liabilities in relation to settlement monies
Our series focused on the settlement of disputes considers issues encountered by practitioners across a range of dispute resolution specialities. This article discusses the often overlooked tax implications when settling a claim, highlighting the need for both claimants and defendants to seek expert advice.
30 September 2024
Budget predictions: Protect your wealth before it is too late
This has been one of the most anticipated / dreaded budgets for some time, with clear noises coming from Rachel Reeves that she is going to tax wealth. This has led to panic amongst anyone with investments, cash, valuable property, businesses and pensions. What does it mean for them and what should they do before the budget?
16 September 2024
Brace for impact: How to navigate the 2025 property tax shake-up
The new Labour government is expected to announce significant tax increases in the upcoming October budget. This follows Chancellor Rachel Reeves' revelation of £22 billion in unfunded spending.
9 September 2024
HMRC sets sights on IHT
Inheritance tax liabilities for the tax year 2021 – 2022 were the highest ever recorded at £5.99 billion, as confirmed by annual statistics issued by HMRC on 31 July 2024. Given the sums involved, it is unsurprising that inheritance tax is a particular area of focus for HMRC investigations, which are reported to have resulted in recoveries of £1.39billion in underpayments of inheritance tax over the past five years.