We think it fair to say that when the IT resources are handed out that the Private Client department in a lot of firms comes somewhere near the bottom! Not critical, is a typical comment we hear.
I have a rather unusual scenario concerning an interest in possession trust.
Can anyone outline the legal requirements for placing a single dwellinghouse into a discretionary trust for the settlors children?
Trustees can only unwind mistakes that result in more tax being paid than expected if the trustee acted in breach of trust, the Supreme Court has ruled.
A specialist tax barrister recently lost a first tier tribunal appeal against HMRC’s decision not to allow him to claim tax relief on a £475,000 loss on an avoidance scheme of his own devising.
One of our clients sadly passed away leaving a wife and two minor children. He hadn't made a will.
We have received an email from an existing client of ours relating to School fee planning, pasted below. Any comments on this most welcome