14 February 2024
The rise in inheritance tax investigations by HMRC
HMRC recovered a record £326million following investigations into underpayments of inheritance tax in the year ending March 2022. Perhaps unsurprisingly in light of these figures, it seems that HMRC have continued their focus on inheritance tax investigations since then.
25 January 2024
Impact of artificial intelligence on tax disputes
In the modern world, society is always looking for improvements and automation to, supposedly, reduce costs and increase speed (indeed the author is indebted to the artificial intelligence (AI) system used to suggest the title for this article). This applies no less to the world of tax (as well as other forms of) litigation, where adviser and legal fees can be difficult to stomach and the prospect of a brainy robot efficiently cutting to the chase may hold some appeal. A recent tax case, however, will have heartened AI-doom mongers who argue a reliance on AI is not always the smartest solution.
28 April 2023
ADR meetings in tax disputes: trust the process or steer clear?
First published by Taxation on 24 April 2023, Waqar Shah explores whether alternative dispute resolution for tax will continue to be a good option bearing in mind upcoming changes to HMRC’s internal ADR manual.
31 August 2022
The reality of shows like Succession and your assets
High Net Worth Individuals face a range of new challenges as they seek to protect their assets. Whilst the dramatic events of the Roy family may seem remote for many of us, it could still be important to consider the benefits of asset protection strategies.
21 April 2022
Employment related securities – returns and reasonable excuses
In an Employment Related Securities (ERS) Bulletin for March 2022 (bulletin 40), HMRC has linked to helpful guidance on what it considers to be a reasonable excuse for failing to meet submission deadlines for annual ERS returns (due on 6th July following the end of the tax year to which they relate) and notification of EMI options (due within 92 days after grant).